Lotus Launches Its First Plug-In Hybrid, Marking a New Chapter in Its Sports Car Heritage
Lotus Technology's New PHEV Launch: Lotus Technology has introduced its first plug-in hybrid version of the Eletre SUV, part of a "Super Hybrid" strategy to enhance sales and appeal in markets like China and Europe.
Performance and Range: The new PHEV combines a 2.0-liter turbocharged gasoline engine with an electric system, achieving up to 952 hp, a 0–60 mph time of around 3 seconds, and a total range exceeding 600 miles.
Strategic Shift: This model represents a shift from Lotus' initial plan to become an all-electric brand by 2028, responding to lower-than-expected demand for EVs and the need for more versatile electrified options.
Historical Context: Founded in 1952, Lotus has transitioned through various ownerships, including General Motors and Geely, while achieving notable success in both Formula 1 and road car production.
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- Brand Partnership: Lotus Technology has announced a partnership with world-renowned pianist Lang Lang, whose shared pursuit of precision and excellence is expected to enhance the brand's image and attract more high-end consumers.
- Art Meets Engineering: Lang Lang's musical artistry complements Lotus's engineering philosophy, emphasizing attention to detail and a commitment to excellence, which is likely to strengthen the brand's competitiveness in the luxury electric vehicle market.
- Limited Edition Launch: Lotus has collaborated with British luxury brand Onoto to create a limited-edition fountain pen made from recycled aluminum sourced from Lotus Formula One cars, reflecting the brand's commitment to sustainable innovation and craftsmanship, appealing to environmentally conscious consumers.
- Global Creative Collaborations: Looking ahead, Lotus and Lang Lang will explore creative collaborations across performance, design, and lifestyle experiences, aiming to enhance the brand's global influence through the intersection of artistic expression and engineering excellence.
- New Mineral Discovery: GLOBEX's drilling results from the Berrigan property reveal that hole TOM-25-015 encountered 0.82 g/t Au, 3.21 g/t Ag, and 1.97% Zn at a depth of 451.20 meters, indicating the presence of a new semi-massive sulfide zone that could significantly enhance the economic value of the site.
- Depth Extension: The discovery in hole TOM-25-015 suggests that the mineralization remains open at depth, potentially indicating a large mineralized system, which will provide GLOBEX with important strategic opportunities for future mineral development.
- Significant Mineralization Results: Hole TOM-25-014 reported 4.94 g/t Au and 56.44 g/t Ag at 185 meters, further confirming the mineralization potential of the area, which may attract more investor interest in GLOBEX's development plans.
- Positive Market Reaction: The release of these drilling results is expected to boost market confidence in GLOBEX, driving up stock prices and potentially attracting more investors and partners to participate in the development of the Berrigan property.
- Significant Resource Growth: The mineral resource estimate for the Green Bay project has increased to 50.4Mt at 2.0% CuEq, representing a 51% increase from the October 2024 estimate, laying a solid foundation for future economic assessments.
- High-Grade Core Zone Established: FireFly has delineated a high-grade core zone of 8.8Mt at 3.9% CuEq in the Measured and Indicated categories, significantly enhancing development options and likely attracting more investor interest.
- Well-Funded for Expansion: The company completed approximately A$139 million in equity raising, which will be used to accelerate exploration and mineral resource conversion, ensuring rapid development in a favorable copper market.
- Economic Assessment Plans: A Preliminary Economic Assessment is expected to be completed by June 2026, based on the upgraded mineral resources, further advancing the project towards feasibility studies and boosting investor confidence.
- New Discovery: Drill hole TOM-25-015 reveals 5.75% ZnEq (1.34 g/t AuEq) over 98.5 meters at a depth of 451.20 meters, confirming a new semi-massive sulfide zone named Berrigan Deep, indicating significant potential for future mining operations.
- High-Grade Ore: Hole TOM-25-014 shows 28.69% ZnEq (6.73 g/t AuEq) over 2.10 meters, highlighting the area's rich mineral resources, which could attract further investment to support ongoing development efforts.
- Exploration Phase Progress: The company is currently in the initial exploration phase, and while metallurgical data is lacking, historical drilling results indicate geological complexity that may require further technical studies to optimize extraction strategies.
- Positive Market Reaction: The release of these drilling results is expected to boost investor confidence, potentially driving up Chibougamau Independent Mines' stock price, reflecting market optimism regarding its future mineral development potential.

- Tariff Policy Advantage: The Canadian government has reduced tariffs on Chinese EVs from 100% to 6.1%, directly benefiting Lotus Technology Inc., with the Eletre's retail price in Canada expected to drop by approximately 50%, enhancing its market competitiveness.
- Market Access Opportunity: The new policy allows for an annual cap of 49,000 Chinese EVs entering Canada, positioning Lotus Tech as the only Chinese EV in the above $80,000 price segment, enabling rapid market share expansion.
- Sales Growth Expectations: With North American homologation completed in 2024 and a network of six authorized dealerships in Canada, Lotus Tech anticipates exponential sales growth, further solidifying its position in the North American market.
- Strategic Investment Plans: The CEO of Lotus Tech stated that the company will leverage this policy to optimize the market environment, enhance investments in Canada, and explore potential tactical advantages to drive sustainable growth.
- Advertising Partnership: TomaGold has entered a 12-month advertising agreement with Dig Media Inc. for $62,000 to enhance market awareness, supporting the company's active exploration efforts in the Chibougamau mining camp.
- Exploration Update: The company expects to receive final results from its borehole electromagnetic geophysical survey and assay results from the last five drill holes at the Berrigan Mine project by the end of the month, which will help assess the depth and lateral extensions of the known polymetallic mineralized envelope.
- Strategic Timing for Investment: CEO David Grondin stated that the time is right for TomaGold to invest in market awareness as the company embarks on an active exploration year, with initial drilling results marking the beginning of a transformative year.
- Core Asset Strategy: TomaGold focuses on gold and copper projects in Quebec and Ontario, with core assets including the Obalski gold-copper-silver project and options on 12 additional properties, demonstrating the company's strategic positioning in high-potential mineral development.









