Lotus will hire 200 engineers in expansion
Lotus is hiring 200 additional engineers as it looks to accelerate a turnaround plan bankroled by China's Geely, the Sunday Telegraph reported.
Under a strategy to triple production to 5,000 cars a year, Lotus is also opening an engineering center in central England, the first time it has expanded beyond its home in Norfolk, eastern England.
Zhejiang Geely Holding Group, which took a controlling stake in Lotus in 2017 has started construction of an assembly plant for high-end vehicles, including the Lotus brand, in Wuhan, China. It will be Lotus's first production site outside of the UK.
Under new Ceo Phil Popham, a Jaguar Land Rover veteran, Lotus is investing in a new platform that will allow it to break out of the sports car niche it has occupied since Colin Chapman founded the company 70 years ago.