Fresh off completion of a new production facility in China this past summer, Lotus Cars has officially launched its all-electric hyper-SUV, the Eletre. Today’s announcement includes all the pertinent performance specs and pricing from Lotus, showcasing three different available versions promising speed and luxury. It looks pretty damn cool as well, so let’s get into it, shall we?
Table of contents
Background
Let’s start with a brief Lotus refresher course leading up to this electric SUV launch. Lotus Cars exists as a division of Group Lotus and is joined alongside Lotus Engineering and Lotus Tech. Although it was founded by two Brits in the late 1940s, Lotus has been majority owned by Chinese multinational conglomerate Geely Holding Group Co., Ltd. since 2017.
Early last year, Geely announced a development plan with Alpine as part of a joint venture with the Renault-Nissan-Mitsubishi Alliance to develop electric vehicles and the platforms they will sit upon. This strategy furthered Lotus’s previous developments of its first all-electric hypercar – the Evija.
In April of 2021, the UK automaker also shared plans to produce electric vehicles only by 2028, laying out a timeline to deliver four bespoke EVs beginning in 2022:
2022 – Debut an E-segment SUV codenamed Type 132
2023 – Launch an E-segment four-door coupe, Type 133
2025 – Follow with the Type 134, a new D-segment SUV
2026 – Launch an all-new electric sports car, Type 135
This past March, we learned that the type 132 would be officially called the Eletre, when Lotus pulled the sheet off its all-electric hyper-SUV for us all to gawk at. At the time, Lotus shared several of its targeted specs for the Eletre including range, top speed, acceleration, and charging times.
Now that production at Lotus’s new $1.2 billion factory is up and running in China, the UK-based automaker has come out to show off its electric hyper-SUV. Furthermore, the Eletre has delivered all its targeted specs and even surpassed some. Have a look at the exterior before we dig into its performance.
Lotus dubs Eletre the “world’s fastest dual-motor electric SUV”
That’s right, Lotus is coming out swinging with its first electric SUV – which is also the automaker’s first five-door production vehicle and first lifestyle vehicle to boot. Lotus Cars officially launched the Eletre today during a global livestream called “Unleash the Future,” which offered us all the details of this hypercar we usually seek at these sort of events.
With the launch of the Eletre, Lotus says it creating “a new breed of pure electric SUVs,” that takes the automaker’s 75 years of expertise in sports cars and evolves it into a lifestyle car. Lotus Group vice-president and managing director Matt Windle elaborated:
The launch of the Eletre is the natural next step for Lotus. Two-seater sports cars are not for everyone, and we want to offer a Lotus for every stage of your life. The Eletre is the start of that.
Per today’s update, Lotus’s electric SUV will come available in three separate versions with the choice of single or dual-motor powertrains – Eletre, Eletre S, and Eletre R. The former two feature a single motor, while the top-tier Eletre R delivers the highest performance upon a dual-motor setup. Here’s how they break down performance-wise:
Version
Eletre
Eletre S
Eletre R
Max power
603 hp (450 kW)
603 hp (450 kW)
905 hp (675 kW)
Max torque
710 Nm
710 Nm
985 Nm
Top speed
160 mph (258 km/h)
160 mph (258 km/h)
165 mph (265 km/h)
Acceleration 0-100 km/h (0-62 mph)
4.5 seconds
4.5 seconds
2.95 seconds
80-120 km/h (50-75 mph)
< 2.2 seconds
< 2.2 seconds
< 1.9 seconds
Battery capacity
112 kWh
112 kWh
112 kWh
Charging time 10-80% (fast charger)
20 mins
20 mins
20 mins
Max range (WLTP)
373 mi* (600 km)
373 mi* (600 km)
304 mi (490 km)
Ground clearance
7.4″ (20″ wheels) 7.6″ (22/23″ wheels)
7.4″ (20″ wheels) 7.6″ (22/23″ wheels)
7.4″ (20″ wheels) 7.6″ (22/23″ wheels)
Rear trunk capacity
21.6 cu ft / 611 liters (4 seats) 24.3 cu ft / 688 liters (5 seats)
21.6 cu ft / 611 liters (4 seats) 24.3 cu ft / 688 liters (5 seats)
21.6 cu ft / 611 liters (4 seats) 24.3 cu ft / 688 liters (5 seats)
Trunk capacity with rear-seats folded
54 cu ft / 1,532 liters
54 cu ft / 1,532 liters
54 cu ft / 1,532 liters
* – using 20″ wheels
In addition to being Lotus Cars’ first electric SUV, the Eletre also houses the debut of the automaker’s new operating system – Lotus Hyper OS. But first, have a gander at the interior of this hyper SUV.
Introducing Lotus Hyper OS
During today’s presentation, the Lotus Cars team shared details of the new operating system that will debut inside the upcoming Eletre. The system utilizes “Unreal Engine” technology from the video game industry to create real-time 3D content and experiences for drivers and their passengers.This advanced “digital cockpit” is backed by two Qualcomm 8155 System-On-Chips. Here are some other features of this system including some help from some new partners:
Next-generation Digital Head Unit from ECARX
Provides fully customizable displays, hosted on an advanced Driver Information Module (DIM), and ultra-slim floating one-billion-color OLED touchscreen
The immersive multi-screen user experience can be continuously improved throughout the lifetime of the EV
Eletre includes navigation services from HERE Technologies
Includes EV Routing, EV Range Assistant and Predictive Routing, can be updated OTA
Lotus has new collaboration with Dolby
Dolby Atmos and the Eletre’s KEF speaker system combine to elevate music listening
Moving past the software and microchips, the Lotus Eletre electric SUV will come available in six interior options that include high-grade materials like state-of-the-art leather alternatives and 100% recycled carpets and trunk liners (we love to hear that).
The Eletre comes standard with wireless smartphone charging, electrically adjustable front seats, and four-zone automatic climate control. Its infotainment system includes Apple CarPlay and Android Auto, the aforementioned 15-speaker KEF premium audio system, and a 15.1-inch full High-Definition OLED center screen.
All versions of the Eletre come standard with five seats, but a four-seat version is available as part of the Executive Seat Pack. According to Lotus, its new all-electric SUV is equipped to support autonomous driving someday, as the technology evolves. Per the release:
Also standard is the deployable LIDAR technology, a world-first in a production car which supports end-to-end autonomous driving (AD) technology. Integrated OTA software update capability ensures the system will be fully ready when individual market regulations allow for the more advanced levels of AD.
Okay, but how much?
Pricing and availability for the Lotus Eletre electric hyper-SUV
According to Lotus Cars, thousands of customers around the world have placed deposits to secure their Eletre. That being said, those customers are probably mostly in Europe, at least to start.
Sales and deliveries will begin in “eight key European markets” followed by other countries in the region. Lotus says that arrival of the Eletre in North America, Middle East, and Asia Pacific will begin sometime in 2024, and pricing/specs will be revealed closer to that time.
Per Lotus Cars, Eletre pricing varies not only by market, but by country. Its press release breaks it down by each country, to get an idea of pricing, the electric hyper SUV starts at an MSRP of $95,990 in Germany, which equates to about $95,350.
While we await details of the North American version of the Lotus Eletre, check out the company’s entire presentation from earlier today.
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The Genesis Electrified G80 will no longer be sold in the US. Genesis has already pulled the luxury EV sedan from its website.
Genesis pulls the Electrified G80 EV from its US lineup
The Electrified G80 went on sale in the US in the first half of 2023, but has struggled to gain any momentum. Last year, Genesis introduced an updated model with longer range, more interior space, and added luxury, claiming it’s now at the flagship level.
Those in the US may never get to see it. Genesis has already removed the Electrified G80 from its website, with only the GV60 and Electrified GV70 now listed.
The luxury car maker confirmed to Car and Driver on Wednesday that the electric G80 sedan is no longer being offered in North America.
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Genesis explained that “the customer is at the core of every decision we make, and we remain flexible as we adapt to ever-changing consumer needs and market conditions.”
Genesis Electrified G80 updated model (Source: Hyundai)
The 2024 Electrified G80 was the final model year, and the 2025 version was never sold in the US. Powered by an 87 kWh battery, the Electrified G80 was rated with an EPA-estimated range of 282 miles. Although the updated model boasted a larger battery (94.5 kWh) with increased range (up to 295 miles) in Korea, it still falls short of rivals like the Lucid Air or Tesla Model S.
Genesis sold just 397 models in 2024 and another 77 in the first half of 2025. In comparison, Lucid sold over 5,000 Air sedans in H1, while Tesla has sold 2,715 Model S sedans in the US.
The interior of the new Genesis Electrified G80 update (Source: Hyundai)
Although Korean automakers, including Hyundai, Kia, and Genesis, dodged the maximum 25% tariff, they will still face a 15% duty on imported vehicles. As its slowest-selling EV, it’s no surprise to see Genesis dropping it from its lineup.
With the $7,500 federal tax credit expiring at the end of September, Genesis is pushing big discounts on its remaining EV models.
Genesis is offering an $18,000 EV Lease Bonus on the 2025 Electrified GV70 and $13,750 bonus for the 2025 GV60. Leases currently start as low as $389 per month.
Looking to test one out for yourself? You can use our links below to view 2025 Genesis GV60 and Electrified GV70 models in your area.
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While larger solar generator setups can help through many situations, more and more people are finding convenience in owning smaller backup power solutions, especially here in NYC, with many folks having limited space to keep them. That’s where units like Bluetti’s Elite 30 V2 Portable Power Station come in, which offers a 288Wh LiFePO4 capacity to cover personal device charging with 600W of steady output that can ramp as high as 1,500W.
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Bluetti’s Elite 30 V2 power station has nine different port options to cover all the bases: two AC outlets, two USB-C ports, two USB-A ports, two DC ports, and a car port. It even beats out many counterparts/competitors of the same size range with five ways to recharge its battery: via a standard outlet, utilizing up to a max 200W solar input, using both an outlet and solar panels together, connecting a generator, or using your car’s auxiliary port.
Segway’s Ninebot F3 smart eKickScooter with Apple Find My + proximity locking gets first post-tariff cut to $750
Segway is offering a special promotional discount through August 17 on its new Ninebot F3 Electric KickScooter at $749.99 shipped, after using the code F3AUG100OFF at checkout, which beats out Amazon’s pricing by $50.This model launched back in April carrying a $850 original price tag (which Amazon still keeps it listed for) and has since hiked up to a $1,000 MSRP direct from the brand after May’s tariff hikes. The two pre-tariff discounts we saw took the costs down to $700 and $600 back in April, and while it may not be falling that low any anytime soon again, you’re still looking at a solid $100 savings from its starting rate for the third-lowest price we have tracked.
NIU drops the KQi 300X all-terrain e-scooter with a 37-mile range and regen brakes to $750 in latest sale
NIU has launched its Fan-tastic Day Sale through August 17 that is taking up to 42% off its KQi e-scooter lineup. Some of the brand’s models are still out of stock from last month, but among those still available, we spotted the KQi 300X All-Terrain Suspension Electric Scooter at $749.99 shipped, while also matching in price at Amazon. While it carries a $1,299 MSRP normally, at Amazon we’ve been seeing it mostly staying between $1,049 and $1,198, with discounts having been slowly ramping up over the course of the year. You’re looking at the best price of 2025, which saves you $549 off the MSRP and has only been beaten out by the $731 low we last saw pop up in October 2024.
Add commercial-grade power to your arsenal with Greenworks’ 82V 20-inch cordless chainsaw at a new $430 low
Amazon is now offering the Greenworks Commercial 82V 20-inch Cordless Chainsaw for $429.99 shipped. While it carries a $600 MSRP tag directly from the brand, where it’s currently priced at, we’ve seen it keep lower to $500 at Amazon. It’s been on the market for six months now, with the discounts we’ve spotted only taken the costs down to $450 until today. Now, with the 20% markdown here, you’ll save $70 while equipping your arsenal with commercial-grade power.
Keep uniform lines around yard and gardens with Worx’s 12A 7.5-inch edger/trencher at $90 (Today only)
As part of its Deals of the Day, Best Buy is offering the Worx 12A 7.5-inch Edger/Trencher for $89.99 shipped, with this model being out of stock on Amazon and sitting at a higher $140 MSRP directly from Worx’s website. It normally fetches $130 at full price here, with discounts mostly keeping the costs between $110 and $100 during 2025, though we have seen it go as low as $75 during Prime Day. You’re looking at the fourth-lowest overall price that we have tracked and the third-lowest of the year, with the deal today saving you $40 off the going rate for the rest of the day only.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
Ford’s secret “skunkworks” team in California is no longer a secret and has grown significantly over the past year. Filled with former Tesla, Rivian, and Apple engineers, Ford has given the team a new, two-building EV design center to develop its upcoming lower-cost, midsize models.
Ford opens its new EV Design Center in Long Beach
The new campus in Long Beach, California, officially opened its doors on Tuesday. Ford told reporters that the new 250,000-square-foot site will become the company’s main design and innovation hub in Southern California.
Although the facility was built 95 years ago to expand production of Ford’s first vehicle, the Model A, it was later converted for military use during World War II.
Now, it will be used to shape the future of Ford. Ann Diep, a senior technical program manager at Ford, said the company will “develop a new generation of electric vehicles people are going to love” at the facility.
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After nearly a decade of launching products for Apple, Diep is now tasked with developing Ford’s new lineup of electric vehicles.
The team is led by Alan Clarke, who worked at Tesla for over a decade. Clark’s team comprises former employees from Tesla, Rivian, Lucid, and Apple, creating an EV platform that will power Ford’s upcoming lineup of smaller, more affordable models.
Ford opens new EV design center in Long Beach, California (Source: Ford)
Benchmarking EV leaders to cut costs
Last year, Ford’s CEO, Jim Farley, said the team was benchmarking costs “against the best competitors in the world,” in particular, Chinese brands.
According to Farley, the first EV based on the platform will be a midsize electric pickup that will “match the cost structure of Chinese OEMs building in Mexico.” It’s scheduled to launch in 2027. Ford will use LFP batteries to reduce costs, which will be manufactured at its new battery plant in Michigan, but licensed from China’s CATL.
2025 Ford F-150 Lightning (Source: Ford)
We learned the platform will support eight different body styles, including trucks, crossovers, SUVs, and possibly sedans.
During a “candid dinner discussion” with lead Bernstein analyst Daniel Roeska in June, Lisa Drake, Ford’s vice president of tech platform programs and EV systems, offered a few insights.
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)
Roeska told investors (via Axios) that “Lisa Drake was explicit: Ford intends to match the cost structure of leading Chinese players.” The memo added “that means not just battery pricing, but full system cost from chassis and thermal systems to inverters and electronics.”
Ford will reveal more about its “plans to design and build a breakthrough electric vehicle and platform in the US,” on August 11.
Farley is hyping it up as the company’s next “Model T moment,” adding that it’s “a chance to bring in a new family of vehicles” that will shape the future of Ford.
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