“Lotus Technology and Nio will explore collaboration in areas including high-end intelligent EVs,” Lotus said in a statement. (File pic shows Lotus cars in Malaysia)
LONDON: Lotus Technology, which develops electric cars for the Lotus brand globally, signed an investment pact with a unit of electric vehicle (EV) upstart Nio Inc, as the iconic British sports and racing-car maker’s Chinese owners seek to transform it into an all-electric brand.
“Lotus Technology and Nio will explore collaboration in areas including high-end intelligent EVs,” Lotus said in a statement.
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