Lotus Group (a wholly-owned subsidiary of Geely Holding Group) H1 2026 financial report is now out, this financial report has some highlights; as the enterprise clarified the narrowing of loss area, and simultaneously clarified the sales performance of the brand in different markets, let's take a look at the detailed data below.

Key data includes:

• Global sales grew 39% year-on-year
• Revenue $268 million (approx. RMB 1.801 billion)
• Gross margin 10%
• China region sales growth rate 60%, Americas market growth 45%, other regions growth 164%
• Operating loss narrowed 63%, operating loss narrowing ratio excluding one-time authorization fee refund impact is 26%

On August 21, 2026, Geely Holding completed 100% equity acquisition of Lotus UK; at this point its UK Hethel factory and Lotus Engineering consulting business are all completed internal integration; before this, Geely Holding only held 51%, Etika held 49%, such a joint venture state would affect Lotus development decisions, because Etika has veto rights on important decisions. Conversely, after full acquisition can completely break free from Etika's interference.

Believe the future will no longer have Lotus Engineering team handle tuning of certain group brand direct competitors situation, knowing that Xiaomi SU7 Ultra Nürburgring version was tuned by Lotus Engineering team.

The previous 'Lutess' is the current Lotus Automobile.

Clearly Lotus Car's name sounds better, why call it 'Lutess' before?

Lotus translates to Lotus (flower), Lutess is the phonetic translation of the word; and the reason for using Lutess this phonetic translation name was 'Lotus' trademark was already grabbed registered, then Lutess Car negotiated trademark transfer with the company unsuccessfully, so could only use phonetic translation name. But what belongs to who is belongs to who, Lotus Car is very important to the brand; subsequently Lotus launched rights protection via litigation, finally obtained 'Lotus' trademark, later changed brand name.

Believe old drivers still remember another car brand related to Lotus, this brand is 'Youth Lotus.'

However the one who grabbed this trademark was not Youth Lotus Car, but an auto parts company, now unnecessary to mention this company again; just need to explain, otherwise might wrongly accuse Youth Lotus Car. However Youth Lotus Car might not care, because Youth Lotus Car was a sub-brand launched by Zhejiang Youth Auto Group in 2006 in cooperation with Malaysia's Proton Group, Proton Car acquired the Lotus parent company in 1996, but purchased only 'Lotus Engineering' chassis tuning service.

Subsequently the Youth Auto Group wanted to register and use the Lotus Car brand, but also because of trademark registration issues could not use it; later could only use the 'Youth Lotus' brand name which was borderline.

The car products built by Youth Lotus Car were actually Proton GEN-2, not Lotus whole vehicles, technology aspect also had no deep Lotus participation; so product competitiveness was actually relatively limited, Youth Lotus brand name also seemed slightly strange in Chinese context, brand appeal was obviously not strong enough.

So in 2012 the cooperation between the two parties broke down, Youth Auto went bankrupt and liquidated in 2017.

Thus Youth Lotus Car became a thing of the past, however recently happened to encounter one by chance, it already looks quite aged. As for the future, naturally there is only one Lotus Car, no need to use the Lutess name anymore.

蓮花集團（吉利控股集團全資控股企業）2026 年上半年財報已出爐，這份財報有一些睇點；因為企業方面明確了虧損面的收窄，同時明確了品牌在不同市場的銷量表現，下面就來看一看詳細數據。

關鍵數據有：

• 全球銷量同比增長 39%
• 營業額 2.68 億美元（約 18.01 億人民幣）
• 毛利率 10%
• 中國區銷量增速為 60%，美洲市場增速 45%，其他地區增速為 164%
• 經營虧損收窄 63%，剔除一次性授權費返還影響的經營虧損收窄比例為 26%

2026 年 8 月 21 日，吉利控股對 Lotus UK 完成 100% 的股權收購，至此其英國海瑟爾工廠和路特斯工程諮詢業務全部完成內部整合；在此之前，吉利控股只是持股其 51%，Etika 持股 49%，這樣的合資狀態會影響路特斯的發展決策，因為 Etika 對重要決策有一票否決權。反之，當全資收購之後則可以完全擺脫 Etika 的干擾。

相信未來再不會出現由路特斯工程團隊出手調校某些集團旗下品牌直接競品的情況了，要知道小米 SU7 Ultra 紐北版本就是由路特斯工程團隊調校的。

之前的路特斯就是現在的蓮花汽車。

明明蓮花汽車的名稱更好聽，之前又為什麼要叫做路特斯呢？

Lotus 翻譯過來就是蓮花，路特斯是單詞的音譯；而之所以要使用路特斯這個音譯名稱，原因是“蓮花”商標已經被搶注，隨後路特斯汽車與該公司協商商標轉讓未果，於是只能使用音譯的名稱。但是該屬於誰的就是屬於誰的，蓮花汽車對於路特斯而言很重要；隨即路特斯通過訴訟方式展開維權，最終獲得了“蓮花”的商標，後續則改了品牌名稱。

相信老司機們還記得另一個與蓮花相關的汽車品牌，這個品牌就是“青年蓮花。”

然而搶注這個商標的不是青年蓮花汽車，而是一家汽車零部件公司，現在無必要再提這家公司；只是需要說明一下，否則可能會冤枉了青年蓮花汽車。不過青年蓮花汽車或許也不會在意了，因為青年蓮花汽車是浙江青年汽車集團在 2006 年與馬來西亞寶騰集團合作推出的子品牌，寶騰汽車在 1996 年收購了路特斯母公司，不過採購的只是“蓮花工程”的底盤調校服務。

隨後青年汽車集團想要註冊使用蓮花汽車品牌，不過也因商標被搶注的問題而無法使用；而後則只能使用擦邊的青年蓮花的品牌名。

青年蓮花汽車打造的汽車產品實際為寶騰 GEN-2，並不是路特斯整車，技術方面也沒有路特斯過度深度的參與；所以產品競爭力實際比較有限，青年蓮花的品牌名稱在中文語境中也略顯奇怪，品牌號召力顯然不夠強。

於是 2012 年兩方合作破裂，2017 年青年汽車破產清算。

至此青年蓮花汽車成為過去式，不過近日倒是恰巧遇到一輛，看起來已經是年代感十足了。至於未來自然只有一個蓮花汽車，不用再使用路特斯的名稱了。