LOTUS TECHNOLOGY INNOVATIVE LIMITED

• ⚠

  Material uncertainty over going concern

  However, these circumstances give rise to a material uncertainty related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. Consequently, the company may be unable to realise its assets and settle its liabilities in the normal course of business.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, these circumstances give rise to a material uncertainty related to events or conditions that may cast significant doubt on the company's ability to continue as a going concern. Consequently, the company may be unable to realise its assets and settle its liabilities in the normal course of business.”

Group structure

1. LOTUS TECHNOLOGY INNOVATIVE LIMITED · parent
   1. Lotus Tech Creative Centre Limited 100% · UK · design services
   2. Lotus Cars Europe BV 100% · Netherlands · Marketing and sales
   3. Lotus Tech Innovation Centre GmbH 20% · Germany · Research and development
   4. Lotus Cars Belgium B.V. 100% · Marketing and sales
   5. Lotus Cars France SAS 100% · Marketing and sales
   6. Lotus Cars Netherlands B.V. 100% · Netherlands · Marketing and sales
   7. Lotus Cars Schweiz GambH 100% · Switzerland · Marketing and sales
   8. Lotus Cars Italia S.R.L 100% · Italy · Marketing and sales
   9. Lotus Cars Norge AS 100% · Norway · Marketing and sales
   10. Lotus Cars Sverige AB 100% · Sweden · Marketing and sales
   11. Lotus Cars Deutschland GmbH 100% · Germany · Marketing and sales
   12. Lotus Cars Osterreich GmbH 100% · Austria · Marketing and sales
   13. Lotus Cars Denmark ApS 100% · Denmark · Marketing and sales
   14. APAC Lotus Marketing Management L.L.C. 100% · Dubai · Marketing and sales
   15. Lotus Technology USA Inc. 100% · USA · Marketing and sales

Significant events

• “On 31 January 2023, LTIL and Lotus Cars Limited (LCL) completed a Master Distribution agreement which allows LTIL exclusive right to set up car distribution channels in the UK, Europe and Rest of the World for Lotus branded vehicles.”
• “On 2 October 2023, the Company acquired the trade and assets of Lotus Creative Centre Limited ("LTCC"), a wholly-owned subsidiary of LTIL.”
• “Since the second quarter of 2025, the Lotus Group implemented a restructuring of its global sales and distribution model.”
• “On 5 August 2025, the Company provided an additional loan to Lotus Cars Limited (LCL) for a maximum amount of £80,000,000.00.”
• “Lotus Advanced Technology Limited ("Lotus HK") has provided funding to the Company in the form of loans of CNY484,763,610 in February 2025, CNY484,763,610 in February 2025, £50,938,753 in February 2025, CNY308.5 million in March 2025, £20,562,613 in March 2025, EUR75 million in June 2025, CNY595.4 million in August 2025 and £9,944,961 in December 2025.”
• “Lotus Technology Inc ("Lotus Cayman") has also provided a loan to the Company for USD30 million in July 2025, USD9,890,000 in August 2025 and USD17 million in December 2025.”
• “In April 2025 the related party, Lotus Cars Limited, announced a restructuring plan.”
• “On 16 April 2025, Lotus Technology Inc. announced that Geely International (Hong Kong) Limited had exercised its put option requiring Lotus Technology Inc. to purchase its 51% of the equity interest in Lotus Advance Technologies Sdn Bhd. On 01 July 2025, Lotus Technology Inc. announced that Etika Automotive Sdn Bhd had exercised its put option requiring Lotus Technology Inc. to purchase its 49% of the equity interest in Lotus Advance Technologies Sdn Bhd. The acquisition is expected to be completed in 2026, subject to regulatory approval.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +92.1%

  £330,707,000 → £635,187,000

• Cash

  -40.3%

  £13,900,000 → £8,298,000

• Net assets

  +156.1%

  £87,901,000 → £225,077,000

• Employees

  +41.8%

  201 → 285

• Operating profit

  +12.9%

  -£134,879,000 → -£117,527,000

• Profit before tax

  +7.5%

  -£135,107,000 → -£124,917,000

• Wages

  +75.3%

  £17,415,000 → £30,533,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers