Lotus Technology has announced its new product roadmap that will see the launch of its first plug-in hybrid next year. This was revealed by CEO Feng Qingfeng during the company’s third quarter 2025 earnings conference call earlier this week.
Lotus’ first PHEV model will go on sale in China in the first quarter of 2026, with a preview set to take place sometime in January the same year. Expected to be a version of the Eletre SUV, it will be built on the company’s Hyper Hybrid platform and is said to deliver over 1,000 km of combined hybrid driving range.
Said platform features a 900-volt electrical architecture for ultra-fast charging and will come equipped with dual-chamber air suspension as well as a 48-volt active roll stabilisation to deliver “ultimate handling.” No shortage of power too, with the PHEV model claimed to provide 952 PS (939 hp or 700 kW), which is more than the current-day Eletre 900 with 918 PS (905 hp or 657 kW).
A second PHEV model, currently dubbed Vision X, will also be introduced, although this will happen after the first – possibly from 2027 – with the timeline yet to be decided. The company says it is introducing PHEVs to provide buyers with more options, including in regions with slower EV adoption.
At present, Lotus has three electric vehicles (EVs), namely the Evija, Eletre, Emeya, along with one internal combustion engine (ICE) model, the Emira, in its line-up. Referring to the roadmap, the Emira, which got an updated this year, will receive a facelift in 2027 and looks set to remain on sale on through 2030. Meanwhile, global distribution of the sold-out Evija is ongoing and is expected to be completed by 2028. The mainline Eletre and Emeya were also updated this year.
Lotus Technology is based in Wuhan, China and is not to be confused with Lotus Advance Technologies, which is headquartered in Hethel, England. The former produces the Eletre and Emeya, while the latter is responsible for the Evija and Emira. In July 2025, it was announced that Lotus Technology will acquire 100% of the equity interest of Lotus Advance Technologies, with all business operations integrated under the Lotus brand – this is expected to be completed in 2026.
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rebadge geely lettew
That’s amazing PHEV with 900V 952PS for 1000km,
Going Hypermode.
Lamborghini Urus SE in Malaysia – 800 PS/950 Nm 4.0L V8 PHEV, 60 km EV range; RM1.03m before taxes
Golden ratio car, 5.1m+ L, 3m+ wheelbase, 2m+ width.
Simplified? NO
Add lightness? NO
then it’s no a “LOTUS”
Imagine ordering your Lotus eletre in the early 2026 with price hike due to tax break ended. It might take 3-6 months for your lotus to arrived from Wuhan to Malaysia while Q2 Lotus introduced the PHEV version. By the time you get your car, the price of the Eletre will definitely slash prices again because the sales keep plunging.
Especially when the factory didnt have time for your EV , since hybrid is their priority.
2026 Q1 Lotus eletre price hike ( est. RM200K extra)
2026 Q2 Lotus eletre price slashed ( est. RM200k)
They have been dropping price two times within 3 months in 2025. Just to sound like ev tax break, but they putting it back to its original value by 2026 Q1? Nah, no one gonna fall for that.