Geely's Sports Carmaker Lotus Explores IPO Options

The Chinese-owned, UK-based sports car brand Lotus is exploring a stock market listing within two years to help fund international expansion and investment in electric vehicles, the Financial Times reported.

The brand, owned by Geely, split its operations last year into two: the Norfolk-based company making sports cars and a luxury lifestyle company based in China that plans to make electric sport utility vehicles.

Read the full report: Financial Times

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Tags: Lotus

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.