After Suffering A Billion-Dollar Loss, Lotus Switches To Factory Sharing
Facing a billion-dollar loss in 2024, a storied British sports-car brand is cutting nearly half its workforce. To stabilize, the manufacturer is repurposing its underutilized Hethel factory as a shared production space, partnering with Zenos Cars to assemble track-focused roadsters at the site. The manufacturer’s initial strategy centered on capturing the luxury electric vehicle market…Continue Reading












