On July 15, Lutos (Wuhan) global intelligent manufacturing plant was officially completed in Hannan, Wuhan City. Lotus' first high-end pure electric SUV, Lotus ELETRE, was successfully rolled off the production line. The new car has officially opened for reservations in mainland China on June 1, with a deposit of 5,000 yuan. It is planned to be officially launched in China in the third quarter, and fully put into production in the fourth quarter and sold to the global market.

　　Lutos Global Smart Factory is located in Wuhan Economic and Technological Development Zone Intelligent Network and Electric Vehicle Industrial Park. It covers an area of 1,526 acres and has a total investment of over 8 billion yuan. It is the first company in the world to use 3D digital twin technology for planning, design and Construction of the factory. As the world's leading ultra-high-end smart car production base for Lotus, it will manufacture three pure electric smart cars, including the Lotus ELETRE, and sell them all over the world.

　　According to the plan, Lutos is accelerating its global layout. This year, it will continue to improve its marketing and service network in 10 countries including China, the United Kingdom, Germany, France, the Netherlands, and Norway. At present, Lutos has launched sales, after-sales service and flash charging network layout in core regions around the world. By the end of this year, Lutos will open nearly 50 sales and service stores in about 20 cities in China, covering core cities such as Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Wuhan, and Chengdu, and radiating across the country. Lotus Energy will also provide two services, "Smart Home Charge" and "Lutos Flash Charge", and plans to build nearly 200 high-end flash charging stations in about 20 cities across the country.