Lotus Technology Inc. has temporarily suspended the release of financial results for the first and third quarters of 2026 to prioritize resources for the strategic acquisition of Lotus UK. The company will continue to report its financial results for the first half and full fiscal year of 2026. This decision allows Lotus Tech to focus on comprehensive preparations, including regulatory filings, SOX compliance, and operational system alignment, to ensure a seamless post-acquisition transition under the One Lotus strategy.

The acquisition of Lotus UK, targeted to close in 2026, is expected to constitute an acquisition under common control. It aims to unify brand positioning, strengthen worldwide recognition, and maximize the heritage of the Lotus brand. The integration plan focuses on capturing synergies across R&D, supply chain, and administration to drive cost optimization and operational efficiency. These efforts are aligned with the Lotus Focus 2030 strategy, designed to underpin competitiveness and transformation into a more flexible and sustainable business model.

Recent Operational Developments

Lotus Tech has highlighted several key milestones in its global expansion and product strategy. On April 3, 2026, the company showcased the latest Emira models at the New York International Auto Show. On April 24, 2026, it unveiled the Hyper Hybrid SUV Eletre X Black & Gold Limited Edition at Auto China 2026 in Beijing and officially entered the Canadian market via export with the Eletre.

On May 11, 2026, Lotus announced the Focus 2030 business strategy to ensure market resilience amid external headwinds. Subsequently, on May 26, 2026, the company introduced the Emira 420 Sport, described as the most powerful, lightest, and most aerodynamically capable Emira to date.

Strategic Priorities and Reporting Schedule

The temporary adjustment to the 2026 reporting schedule is intended to enable teams to prioritize the successful execution of the Lotus UK acquisition and integration process. Dr. Daxue Wang, Chief Finance Officer of Lotus Tech, emphasized that the company remains focused on delivering its growth strategy and strengthening its global platform.

Lotus Tech reaffirmed its commitment to maintaining transparency for investors and complying with all applicable U.S. securities laws and Nasdaq listing requirements. The company noted that the adjustment does not impact its underlying business operations or financial fundamentals. It continues to see encouraging operational momentum across key markets, including the recent expansion into Canada.