Lotus reflects the withdrawal plan from the UK after the government has made new support

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I reflected Lotus Plans to finish Car production in the UK after the government indicated that it is ready to provide support to the brand for the troubled British sports cars.

In a statement on Saturday, LotusWhich is controlled by the Chinese car maker jellyHe said that “exploring strategic options actively” to improve the efficiency of its operations and global competitiveness.

“Lotus continues regular operations cars, and there are no plans to close the factory,” she said.

The Financial Times reported on Friday that the company is planning to stop manufacturing at its factory in Heithyl in Norfolk, which endangered 1,300 jobs.

Two people were aware of the situation that UK government officials contacted Pots and Jelly’s CEO directors after the report was published. One of the people said: “Everyone feels panic.”

A person close to the government said that the UK’s business minister, Jonathan Reynolds, is expected to speak to Lotus on Sunday.

A government spokesman said: “The government does not comment on speculation or commercial affairs of private companies,” a government spokesman said.

Geely refused to comment.

The closing of the Hethel factory would have a new cars for the UK’s production, after the closure by Honda and Ford over the past decade.

In an attempt to strengthen cars and other advanced prime minister, Prime Minister Sir Kerr Starmer promised to reduce high energy costs as part of the recently unveiled workers’ government government Industrial strategy.

On Friday, Lotus said that production had stopped in the United Kingdom from mid -May to manage stocks and supply chain issues related to US definitions after having suspended her sports car shipments to the United States.

But people with knowledge of discussions said that the company has struggled to push its suppliers in recent weeks, and was suffering from low demand for vehicles and increased stocks, which led to pressure on both its factory in the UK as well as the factory owned by the jelly in Wuhan, China, which makes Lotos cars.

A person close to the company said: “They are facing deeper problems than the US tariff issue,” said a person close to the company.

Lotus did not immediately respond to the FT request for comment.

Feng Chengeng, CEO of Lotus technology listed in the United States, which has a controlling stake in the UK business, Tell senior executives earlier this week To put a proposal to withdraw from manufacturing in the UK. Investors also told that Lotus wanted to localize production in the United States.

Lotus has reduced jobs in recent years, while a number of senior executives, including its European president, Dan Palmer and the chief commercial official Mike Johnson.

In the three months to June, Technology Lotus reported an operating loss of $ 103 million, compared to a loss of $ 233 million in the previous year, while she handed over 1,274 vehicles, a decrease of 42 percent.

Its ability on the Hethel Factory, which was created in 1966, is about 10,000 cars while the Wuhan factory can produce about 150,000 cars.



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