Lotus boss Jean-Marc Gales initiated a turnaround plan when he joined the company two and a half years ago focused on improving the existing product range, cutting overheads, and making the company financially stable and self-sufficient, something it has never been able to say since 2000.
The improvement of existing products has resulted in significantly upgraded versions and derivatives of the Elise, Exige and Evora, including a launch in the US for the Evora in the summer, the early success of which has now pushed Lotus into the black.
Now Gales and the Lotus team have started development of a new range of models. Up first will be the new Elise in 2020 and its more focused Exige sibling soon after. A new version of the bonded and extruded aluminium chassis is being developed, with Gales confirming the model would grow only marginally in size and would remain under 1000kg.