Electric Lotus hypercar announced

British carmaker Lotus will launch an electric hypercar later this year, as Chinese owners plot brand’s future

An electric Lotus hypercar will be revealed later this year, the British sportscar brand has announced.

Releasing the first teaser image (above) at the Shanghai Motor Show, the car – codenamed Type 130 – will be unveiled in London in the second half of 2019.

The image previews the profile of the electric vehicle, which will rival the likes of the Pininfarina Battista when it goes on sale.

“Type 130 will be the most dynamically accomplished Lotus in our history,” said Lotus CEO Phil Popham. “It marks a turning point for our brand as it is a showcase of what we are capable of, and what is to come for Lotus.”

Chinese firm Geely bought a majority stake in Lotus in September 2017, with a view to transforming the brand. Geely also owns Volvo, LEVC (maker of the electric London taxi) and newly launched sub-brand Geometry.

No details about the Type 130 have been made available at this stage, although the company announced a “strategic technical partnership’ with Williams Advanced Engineering back in January.

Williams has supplied the battery system to all cars on the Formula E grid since the race series’ inception in 2014, and its link-up with Lotus should ensure that a more expensive, third-party system doesn’t need to be sourced from a rival.

The Type 130 could harbour as much as 1,000bhp, with a price tag in excess of £1 million likely.

The electric hypercar will be designed by Lotus’ Russell Carr, with ‘Director of Attributes’ Gavan Kershaw tasked with ensuring that the car retains enough of the handling characteristics that Lotus is famous for.

The Type 130 will be built in Geely’s new £1 billion factor in Wuhan, China, with production set to start by 2022.