Lotus launches all-electric grand tourer Emeya, with IPO on the horizon

The Emeya's dual motors will provide fast acceleration.

Lotus has launched its all-electric grand tourer, the Emeya, a four-door saloon that is aimed at competing with the likes of luxury brands Porsche and Tesla. The vehicle will be produced at the company's Wuhan factory in China, which also produces the Eletre SUV. The Emeya's dual motors will provide fast acceleration. It allows the vehicle to reach 62 miles per hour in less than 2.8 seconds; its top speed will be 155 miles per hour. The carmaker has not provided specific battery range details but has said they will be comparable to the Eletre's 373-miles range. Charging details have been released, with an 80% charge being attainable within 18 minutes when using a 350 kW DC fast charger.

Inside the vehicle, there is a 55-inch projected augmented reality head-up display and a large central infotainment screen, as well as an immersive audio system developed with KEF. Lotus, owned by China's Geely, will launch its IPO on the Nasdaq exchange through a merger with special purpose acquisition company L Catterton Asia Acquisition Corp, with the aim of scaling production and selling around 150,000 vehicles a year by 2028.The Lotus Emeya also features an electronically controlled air suspension system that "feels" the road 1,000 times per second and adjusts the vehicle accordingly to provide the smoothest ride possible. The car's interior includes sustainable materials, such as repurposed fibre from the fashion industry.