Lotus will soon build cars at a new Geely-owned factory in Wuhun city in central China that's capable of building 150,000 cars a year, it has been revealed.
According to
, the top secret plans to utilise the new $A1.8 billion manufacturing facility was revealed after Lotus and its parent, Zhejiang Geely Holding Group, filed documents with the Chinese government and posted job advertisements for roles at the factory.The move to shift production of new models, like the car-maker's forthcoming SUV, is being viewed as Geely's desire to shift the Lotus brand from a niche sportscar-maker to an upmarket premium brand that produces cars in far higher volumes than it currently does.
Last year, in its 70th anniversary, Lotus sold just 1630 cars globally; although that was a big improvement on the 783 Elise, Exige and Evoras it delivered in 2017.
It has not been confirmed when manufacturing will begin but, interestingly, the new plant has a license to build both hybrids and pure-electric vehicles, hinting that Lotus could build its forthcoming pure-electric hypercar at the new factory.
More likely is the new facility will be shared with Geely's own car-making exploits, with only a small part of the plant devoted to Lotus. Whatever the case, the extra production facility will enable the Norfolk-based brand to rapidly ramp up the number of cars it builds.
As motoring.com.au reported back in August, Geely is about to invest $A2.6 billion to help revive Lotus and transform the brand into a true premium rival to Porsche.
It's thought the first model to roll off the new production facility will be the Porsche Cayenne-rivalling SUV that's due to be on sale in 2020. From then on Lotus plans to rapidly replace and expand its existing line-up, including introducing a million-dollar pure-electric hypercar.
For now, it's thought the existing production facility based in Hethel will live on as it continues to produce both the Elise and Exige.