Lotus Cars

OverviewSuggest Edit

Group Lotus plc, wholly-owned subsidiary of DRB-HICOM, is based in Norfolk, UK. Lotus Cars builds world class, high performance sports cars including the award-winning Evora, the iconic Elise and the stunning Exige. Lotus Engineering provides comprehensive and versatile consultancy services to many of the world's OEMs and Tier 1 suppliers and is an internationally recognised automotive engineering consultancy. Global facilities include those in the US, China and offices in Germany and Japan. Lotus is a global high-tech company, committed to driving forward technology for both Lotus Cars and its Engineering clients, spearheading research into such areas as hybrids, electric vehicles and renewable fuels.
TypePrivate
Founded1948
HQHethel, GB
Websitelotuscars.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Jan 2020)749(-12%)
Revenue (FY, 2016)£73.6 M(-11%)
Cybersecurity ratingCMore

Key People/Management at Lotus Cars

Feng QingFeng

Feng QingFeng

CEO, Group Lotus
Geoff Dowding

Geoff Dowding

Executive Director, Sales and Aftersales
Simon Clare

Simon Clare

Executive Director, Global Marketing
Russell Carr

Russell Carr

Design Director
Matt Windle

Matt Windle

Executive Director, Engineering
Uday Senapati

Uday Senapati

Executive Director, Corporate Strategy and Product Management
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Lotus Cars Office Locations

Lotus Cars has an office in Hethel
Hethel, GB (HQ)
Potash Ln
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Lotus Cars Financials and Metrics

Summary Metrics

Founding Date

1948

Lotus Cars total Funding

$15.2 m

Lotus Cars latest funding size

$15.2 m

Time since last funding

7 years ago
Lotus Cars's latest funding round in November 2013 was reported to be $15.2 m. In total, Lotus Cars has raised $15.2 m
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Lotus Cars Revenue

Lotus Cars's revenue was reported to be £73.58 m in FY, 2016 which is a 11.8% decrease from the previous period.
GBP

Net income (FY, 2018)

620.0k
GBPFY, 1995FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

65.4m360.0k137.0m143.9m164.9m153.3m144.3m161.8m627.0k685.0k724.0k1.9m73.9m83.4m73.6m

Revenue growth, %

13%(12%)

Cost of goods sold

42.1m102.5m134.6m136.3m118.1m108.3m128.7m

Gross profit

23.3m34.5m9.3m28.6m35.2m36.0m33.1m
GBPFY, 1995FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

491.0k1.9m6.0m5.3m18.5m6.4m5.8m

Accounts Receivable

8.0m727.0k10.9m24.8m26.7m19.5m26.2m25.8m15.4m41.0k12.0k88.0k559.0k25.0k61.0k18.0k153.0k861.0k245.0k456.0k88.0k132.0k

Inventories

8.0m31.0k5.0k13.6m16.2m16.4m13.7m14.3m21.2m1.3m153.0k

Current Assets

32.4m11.7m9.8m11.0m77.3m81.7m65.7m112.5m80.7m69.3m38.6m6.3m7.2m5.4m5.5m13.4m4.7m206.9m207.4m206.8m207.0m206.6m206.6m
GBPFY, 1995FY, 1997FY, 1998FY, 1999FY, 2000FY, 2001FY, 2002FY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

8.2m(222.0k)(134.0k)459.0k1.4m(43.3m)(18.2m)(2.3m)231.0k(7.4m)(5.0m)22.1m1.6m388.0k729.0k445.0k(7.1m)(287.1m)(2.1m)(902.0k)(18.3m)1.1m620.0k

Cash From Operating Activities

4.7m22.3m4.6m19.1m617.0k4.0m

Cash From Financing Activities

12.3m46.4m785.0k5.0m(3.2m)

Net Change in Cash

4.4m2.3m11.7m18.4m10.2m3.0m
GBPFY, 1995

Financial Leverage

1.7 x
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Lotus Cars Operating Metrics

Jan, 2016Feb, 2016Mar, 2016Apr, 2016May, 2016Jun, 2016Jul, 2016

Monthly New Car Registrations (UK)

163932242091
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Lotus Cars Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Lotus Cars Online and Social Media Presence

Embed Graph

Lotus Cars News and Updates

Lotus Cars Selects Industry Leaders Cerence and ECARX to Deliver Voice-Powered Innovations

BURLINGTON, Mass., March 02, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that it and ECARX will partner with Lotus Cars on voice-powered technologies. The initiative will bring simplified interaction and enhanced safety, productivity and enjoymen…

Lotus Cars Blogs

JBXE Racing and Lotus Engineering join forces in Extreme E Technical Partnership

Lotus Engineering joins Jenson Button’s JBXE Racing as technical partner, supporting the Extreme E team in this radical new electric off-roading series. Extreme E is a radical new racing series, which will see electric SUVs competing in extreme environments around the world which have already been d…

The Sounds of Evija

Designing the sound for an electric hypercar

“Sub-Two” at Fuji Speedway

Many things are done differently in Japan, including the way track days are organised. Rather than sign up for an event with a third-party organiser, Japanese petrolheads tend to become a member of a race track. It could be a local circuit like Tsukuba or Sodegaura, or a full-on FIA-certified facili…

Mount Panorama Bathurst Track Day 2021

March 2021 saw 111 Lotus sports car owners enjoy an exclusive day on Mount Panorama in the year that will see production end for Elise & Exige

The Lotus E-R9: a next-generation EV endurance racer.

Design study reveals electric race car for 2030

“The World’s Most Premium Sustainable Car”

Evija wins prestigious international design award.
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Lotus Cars Frequently Asked Questions

  • When was Lotus Cars founded?

    Lotus Cars was founded in 1948.

  • Who are Lotus Cars key executives?

    Lotus Cars's key executives are Feng QingFeng, Geoff Dowding and Simon Clare.

  • How many employees does Lotus Cars have?

    Lotus Cars has 749 employees.

  • Who are Lotus Cars competitors?

    Competitors of Lotus Cars include MV Transportation, Ashok Leyland and DELFINGEN.

  • Where is Lotus Cars headquarters?

    Lotus Cars headquarters is located at Potash Ln, Hethel.

  • Where are Lotus Cars offices?

    Lotus Cars has an office in Hethel.

  • How many offices does Lotus Cars have?

    Lotus Cars has 1 office.