Lotus Technology American Depositary SharesNASDAQ: LOT

NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker, today announced that it has entered into a convertible bond agreement with an aggregate principal amount of approximately $110 million1 through a private placement from its existing strategic shareholder (the “Investment”). The investment marks the shareholder's continuous confidence in Lotus Tech's growth strategy and outlook. The transaction is subject to customary closing conditions and the closing is expected to take place in the near future. A description of the material terms and conditions of the convertible purchase agreement and the notes is included in the Company's current report on Form 6-K filed with the U.S. Securities and Exchange Commission.

NEW YORK, May 29, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global luxury electric vehicle maker, today released its 2023 Environmental, Social, and Governance (“ESG”) report. The report outlined its achievements in building a green value chain, leading clean mobility, and upholding business integrity through the efforts in information security and privacy protection as well as in community support. All information disclosed in the report has been audited by TÜV NORD, an independent third-party testing, inspection, and certification agency.

NEW YORK, May 24, 2024 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus Tech” or the “Company”) (Nasdaq: LOT), a leading global luxury electric vehicle maker, today announced that it will report its unaudited first quarter 2024 financial results on May 29, 2024, before market opening in the United States.

Lotus Technology (NASDAQ: LOT) stock price will be in focus this week as the company publishes its first earnings as a publicly traded company. The management will hope that these earnings will boost a stock, which has plunged by over 58% from its highest level in February, erasing almost $2 billion in value.