Geely exercises its Put Option on Lotus UK, enabling reintegration of all businesses under the Lotus brand

Electrek
By Scooter DollApr 16, 2025, 9:50 am298 pts
Bear with me, as this one is a bit complicated and jargon-heavy. Lotus Technology Inc. announced that Geely, the majority owner of its vehicle manufacturing business Lotus UK, exercised its put option earlier this week to sell its 51% stake in the latter company back to the former company. In Lamen’s terms,…

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