Sounds crazy, doesn’t it? The fact of the matter is that both carmakers are owned by the same company. Less than two months ago, Geely Holding Group, purchased a 51% controlling stake in the British ultra-light supercar company. Geely is in it to make money and how else does a car company makes some these days, short of printing their own? Sell crossovers, that’s how.
Although Colin Chapman has more than likely turned over in his grave, the fact of the matter is that everyone’s doing it. Porsche thrives today because of the Cayenne, and Lamborghini now has the Urus which should do very well. Maserati, Alfa Romeo, everyone’s on board.
The new Lotus utility vehicle will share Volvo’s Scalable Product Architecture (SPA), the same platform that currently underpins the XC60 and XC90. We expect that it’ll feature a Lotus-tweaked version of the 400-horsepower PHEV turbocharged 2.0-litre 4-cylinder offered in the 60 and 90 T8.
Little else is known but the yet unnamed (we bet the name will start with an E) CUV should go into production in late 2021.