Lotus Technology Inc. (NASDAQ:LOT) is one of the
8 Best Small Cap EV Stocks to Buy Right Now.
On April 10, 2026, Lotus Technology Inc. (NASDAQ:LOT) reported Q4 revenue of $163M compared to $272M last year and adjusted EBITDA of ($62M) versus ($398M) a year ago. Qingfeng Feng said the company continued executing its strategy despite external headwinds, citing efforts to advance technologies, refine its product mix, and deliver “industry-leading driving performance.” Qingfeng Feng also pointed to its global footprint and the achievement of UN R171.01 certification, along with the launch of its first PHEV vehicle, as part of efforts to support growth and maintain competitiveness.
Last month, the company launched its new SUV, For Me, known as Eletre X in Europe, in Beijing on March 29. The model, built on the new X-Hybrid Architecture, is offered in Standard and Special Edition variants priced at RMB 508,000 and RMB 558,000, respectively, with deliveries starting March 30.
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Earlier in March, Lotus Technology received certification under UN Regulation No. 171, 01 Series, becoming the second globally operating automaker to achieve this standard. Its Eletre hyper-SUV is set to roll out the Highway Navigation Pilot function in Europe via over-the-air updates beginning June 2026. The company said Eletre is the first and only China-built model certified under UN R171.01 and equipped with the HNP function as of the announcement.
Lotus Technology Inc. (NASDAQ:LOT) designs, develops, and sells battery electric lifestyle vehicles globally.
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