Lotus Says Emira Will Be Its Last Gasoline Powered Model

Matt Posky
by Matt Posky

Lotus Cars has announced that the Emira sports car will be its next and final internal combustion model as it prepares itself to become an exclusively electric brand. The historically British manufacturer says its Chinese owners, the Zhejiang Geely Holding Group, are preparing a cash injection of $2.8 billion to swap to EVs and expand its footprint.

While the present market makes those items feel as though they could conflict with each other, Lotus thinks that the climate will be different a few years from now and plans on going EV only by 2028. In the meantime, the Emira is scheduled to launch in July.

Base-model Emiras will come with a turbocharged 2.0-liter four-cylinder (likely sourced from Volvo/Geely) while higher end trims get the same supercharged Toyota V6 that’s in the Evora and costs substantially more. While the company hasn’t said how the vehicles will be priced, it did say to expect it to fall within the existing lineup.

This excludes the Evija EV that will be going into production later this year, which probably has many breathing a sigh of relief. The plug-in model will have a limited production run of 130 units and is supposed to retail at an estimated $2.3 million. Saying it’s something different for the brand is an understatement, though so is the Emira (bottom of the page).

Rather than shooting for the maximum amount of performance physics will allow, the coupe is focused on updating equipment and making Lotus products more livable. Ditching rollup windows, adding infotainment, and trying to mitigate NVH is likely to make the Emira pudgier than its soon-to-be-discontinued siblings. But we’ll have to wait to see if that makes the model less exciting to drive.

Regardless, this is to be the internal combustion engine’s last hurrah with the company. Lotus said that all subsequent products will be battery-electric only, without the need to soften the transition by building a decade of hybrids. Leadership has said that the firm might have clung to the idea of building vehicles designed almost entirely around driving excitement for too long, hurting its sales volume in the process. But the new solution seems almost as extreme and kind of makes the Lotus tradition of building featherweight cars impossible. Battery packs are extremely heavy, though engineers can use them to keep the center of mass exceptionally low.

Lotus currently manufactures a little over 1,000 extremely lightweight sports cars annually. But Geely thinks it can expand that figure tenfold by tapping online sales, expanding its dealer network around the globe, and making Lotus products more mainstream.

[Images: Lotus Cars]

Matt Posky
Matt Posky

A staunch consumer advocate tracking industry trends and regulation. Before joining TTAC, Matt spent a decade working for marketing and research firms based in NYC. Clients included several of the world’s largest automakers, global tire brands, and aftermarket part suppliers. Dissatisfied with the corporate world and resentful of having to wear suits everyday, he pivoted to writing about cars. Since then, that man has become an ardent supporter of the right-to-repair movement, been interviewed on the auto industry by national radio broadcasts, driven more rental cars than anyone ever should, participated in amateur rallying events, and received the requisite minimum training as sanctioned by the SCCA. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and managed to get a pizza delivery job before he was legally eligible. He later found himself driving box trucks through Manhattan, guaranteeing future sympathy for actual truckers. He continues to conduct research pertaining to the automotive sector as an independent contractor and has since moved back to his native Michigan, closer to where the cars are born. A contrarian, Matt claims to prefer understeer — stating that front and all-wheel drive vehicles cater best to his driving style.

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  • Imagefont Imagefont on Apr 27, 2021

    I’m curious about the number of incidents resulting in a collision where the driver allowed “autopilot” to function unattended and unmonitored because the driver believed that the system was capable of safely controlling the car, despite all official documentation to the contrary. I wonder what it says, exactly, in Tesla’s documentation about the system and it’s capability, and what is implied. What kind of a person ignores their owners manual but trusts some internet “source” with no credentials? If I was going to trust a piece of mountain climbing equipment with my life I’d be damn certain it was up to the task. I think people are allowing autopilot to operate their car and, seeing that it does a good job of following painted lane lines, they convince themselves that the capability run much deeper - and they don’t.

  • NG5 NG5 on May 02, 2021

    I would love to consider an EV for "fun" driving if they are under 2300lbs - the approximate cutoff where attainable sports cars with uninteresting engines are excused because driving them is fun anyway. Lotus PLEASE simplify and add lightness!

  • Tassos Obsolete relic is NOT a used car.It might have attracted some buyers in ITS DAY, 1985, 40 years ago, but NOT today, unless you are a damned fool.
  • Stan Reither Jr. Part throttle efficiency was mentioned earlier in a postThis type of reciprocating engine opens the door to achieve(slightly) variable stroke which would provide variable mechanical compression ratio adjustments for high vacuum (light load) or boost(power) conditions IMO
  • Joe65688619 Keep in mind some of these suppliers are not just supplying parts, but assembled components (easy example is transmissions). But there are far more, and the more they are electronically connected and integrated with rest of the platform the more complex to design, engineer, and manufacture. Most contract manufacturers don't make a lot of money in the design and engineering space because their customers to that. Commodity components can be sourced anywhere, but there are only a handful of contract manufacturers (usually diversified companies that build all kinds of stuff for other brands) can engineer and build the more complex components, especially with electronics. Every single new car I've purchased in the last few years has had some sort of electronic component issue: Infinti (battery drain caused by software bug and poorly grounded wires), Acura (radio hiss, pops, burps, dash and infotainment screens occasionally throw errors and the ignition must be killed to reboot them, voice nav, whether using the car's system or CarPlay can't seem to make up its mind as to which speakers to use and how loud, even using the same app on the same trip - I almost jumped in my seat once), GMC drivetrain EMF causing a whine in the speakers that even when "off" that phased with engine RPM), Nissan (didn't have issues until 120K miles, but occassionally blew fuses for interior components - likely not a manufacturing defect other than a short developed somewhere, but on a high-mileage car that was mechanically sound was too expensive to fix (a lot of trial and error and tracing connections = labor costs). What I suspect will happen is that only the largest commodity suppliers that can really leverage their supply chain will remain, and for the more complex components (think bumper assemblies or the electronics for them supporting all kinds of sensors) will likley consolidate to a handful of manufacturers who may eventually specialize in what they produce. This is part of the reason why seemingly minor crashes cost so much - an auto brand does nst have the parts on hand to replace an integrated sensor , nor the expertice as they never built them, but bought them). And their suppliers, in attempt to cut costs, build them in way that is cheap to manufacture (not necessarily poorly bulit) but difficult to replace without swapping entire assemblies or units).I've love to see an article on repair costs and how those are impacting insurance rates. You almost need gap insurance now because of how quickly cars depreciate yet remain expensive to fix (orders more to originally build, in some cases). No way I would buy a CyberTruck - don't want one, but if I did, this would stop me. And it's not just EVs.
  • Joe65688619 I agree there should be more sedans, but recognize the trend. There's still a market for performance oriented-drivers. IMHO a low budget sedan will always be outsold by a low budget SUV. But a sports sedan, or a well executed mid-level sedan (the Accord and Camry) work. Smaller market for large sedans except I think for an older population. What I'm hoping to see is some consolidation across brands - the TLX for example is not selling well, but if it was offered only in the up-level configurations it would not be competing with it's Honda sibling. I know that makes the market smaller and niche, but that was the original purpose of the "luxury" brands - badge-engineering an existing platform at a relatively lower cost than a different car and sell it with a higher margin for buyers willing and able to pay for them. Also creates some "brand cachet." But smart buyers know that simple badging and slightly better interiors are usually not worth the cost. Put the innovative tech in the higher-end brands first, differentiate they drivetrain so it's "better" (the RDX sells well for Acura, same motor and tranmission, added turbo which makes a notable difference compared to the CRV). The sedan in many Western European countries is the "family car" as opposed to micro and compact crossovers (which still sell big, but can usually seat no more than a compact sedan).
  • Jonathan IMO the hatchback sedans like the Audi A5 Sportback, the Kia Stinger, and the already gone Buick Sportback are the answer to SUVs. The A5 and the AWD version of the Stinger being the better overall option IMO. I drive the A5, and love the depth and size of the trunk space as well as the low lift over. I've yet to find anything I need to carry that I can't, although I admit I don't carry things like drywall, building materials, etc. However, add in the fun to drive handling characteristics, there's almost no SUV that compares.
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