Who Owns Lotus?
Lotus is owned by Geely, a Chinese multinational automotive company. Lotus is a British sports car manufacturer known for lightweight, high-performance vehicles. The brand is headquartered in Norwich, United Kingdom and is recognized for innovative engineering and driving dynamics.
Parent Company
Geely Automobile Holdings
Acquired
2017
Status
Private
Headquarters
Norwich, United Kingdom
Who Owns Lotus?
- Parent Company: Geely Automobile Holdings
- Ownership Type: Subsidiary
- Acquisition Year: 2017
- Company Type: Publicly Traded
- Stock Ticker: Hong Kong Stock Exchange: 175
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Lotus | Geely Automobile Holdings | Subsidiary |
History of Lotus
- Founded: 1948
- Founders: Colin Chapman
- Acquired by Geely Automobile Holdings: 2017
Lotus was founded in 1948 by Colin Chapman, a British engineer and entrepreneur, initially as the Lotus Engineering Company. Chapman's guiding philosophy was "simplify, then add lightness," a principle that defined Lotus's approach to vehicle design and engineering for decades. The company initially built racing cars and kit cars before transitioning to fully assembled road cars.
Throughout the 1950s and 1960s, Lotus became one of the most successful racing car constructors in the world, winning multiple Formula One World Constructors' Championships and developing iconic road cars including the Lotus Seven, Lotus Elan, and Lotus Europa. Colin Chapman's innovative engineering solutions, including the use of fiberglass bodies, backbone chassis, and mid-engine layouts, influenced the entire automotive industry.
Colin Chapman died unexpectedly in 1982, and the company went through a difficult period in the 1980s and 1990s, changing ownership several times. General Motors acquired a stake in Lotus in 1986, and the company was subsequently sold to Bugatti International in 1993, then to Malaysian automaker Proton in 1996. Under Proton's ownership, Lotus continued to produce sports cars including the Elise, Exige, and Evora, while also operating a successful engineering consultancy business.
In 2017, Chinese automaker Geely acquired a 51% controlling stake in Lotus from Proton, with Etika Automotive (a Malaysian investment company) retaining 49%. Geely subsequently increased its stake to approximately 82% by 2021. Under Geely's ownership, Lotus has undergone a significant transformation, investing in new models, a new manufacturing facility in Wuhan, China, and an electrification strategy. The Lotus Emira (2021) was the brand's last petrol-powered sports car, with subsequent models including the Eletre electric SUV (2023) and the Emeya electric grand tourer (2024) representing the brand's electric future.
About Geely Automobile Holdings
What does Geely own?
Geely Automobile Holdings owns the Geely Auto, Lynk & Co, and Zeekr brands directly. The broader Zhejiang Geely Holding Group, which controls Geely Automobile Holdings, also owns a majority stake in Volvo Cars, a significant stake in Polestar, 51% of Lotus Cars, and 49.9% of Proton. The group produced 4.1 million vehicles globally in 2025, including 2.3 million plug-in electric vehicles.
Is Geely publicly traded?
Geely Automobile Holdings is listed on the Hong Kong Stock Exchange under ticker 0175. The broader Zhejiang Geely Holding Group, which is the ultimate parent company, is privately held by Li Shufu and his family. Several of Geely's subsidiary brands are separately listed: Volvo Cars on Nasdaq Stockholm, Polestar on NASDAQ, and Zeekr on the New York Stock Exchange.
Who founded Geely?
Geely was founded by Li Shufu in 1986 in Taizhou, Zhejiang Province, China. Li Shufu initially founded the company as a manufacturer of refrigerator components before expanding into motorcycles and then automobiles. He received government approval to manufacture automobiles in 1997, making Geely one of the first private Chinese companies to receive such approval. Li Shufu continues to serve as chairman of Zhejiang Geely Holding Group.
Where is Geely headquartered?
Geely Automobile Holdings is headquartered in Hangzhou, Zhejiang Province, China. The broader Zhejiang Geely Holding Group is also headquartered in Hangzhou. The group operates manufacturing facilities in China, Sweden (Volvo Cars), the United Kingdom (Lotus), Malaysia (Proton), and Belgium (Volvo Cars).
How many brands does Geely own?
The Zhejiang Geely Holding Group owns seven primary automotive brands: Geely Auto (including the Geely Galaxy electrified sub-brand), Lynk & Co, Zeekr, Volvo Cars, Polestar, Lotus, and Proton. The group also has interests in other mobility businesses. Geely Automobile Holdings, the listed entity, directly operates Geely Auto, Lynk & Co, and Zeekr.
Who owns Geely?
Geely Automobile Holdings is publicly listed on the Hong Kong Stock Exchange, but the controlling shareholder is Zhejiang Geely Holding Group, which is privately held by Li Shufu and his family. Li Shufu's control of the privately held parent company gives him effective authority over the broader Geely group, including its various listed subsidiaries. Public shareholders in Geely Automobile Holdings own a minority economic interest in the listed entity.
- Founded: 1986
- Headquarters: Hangzhou, Zhejiang, China
- Company Type: Publicly Traded
- Stock: Hong Kong Stock Exchange: 175
Where Is Lotus Made / Based?
- Headquarters: Norwich, United Kingdom
- Manufacturing / Operations: United Kingdom, China
Brands Owned by Geely Automobile Holdings
- Polestar - Swedish electric performance EV brand listed on NASDAQ (PSNY), majority-controll...
Lotus Ownership: Pros & Cons
Advantages
- +Backed by Geely's financial resources and manufacturing expertise
- +Historic British sports car heritage
- +Innovative engineering and lightweight design philosophy
- +Investment in new models and technology
- +Global distribution network and dealership support
Considerations
- -Intense competition from established sports car manufacturers
- -Building brand recognition in competitive market
- -Economic sensitivity affecting sports car purchases
- -Maintaining British identity under Chinese ownership
- -Establishing production scale and profitability
Frequently Asked Questions About Lotus
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Lotus
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Renault Nissan Mitsubishi Alliance | France | 1955 | Mass Market | Europe | All Genders | |
| Ferrari | Italy | 1947 | Mass Market | Europe | All Genders | |
| Bmw Group | Germany | 1959 | Premium | Europe | All Genders | |
| Bmw Group | England | 1904 | Mass Market | Global | All Genders | |
| Honda Motor | Japan | 1986 | Luxury | Asia Pacific | All Genders | |
| Bmw Group | Germany | 1916 | Mass Market | Europe | All Genders |
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Owned by Ferrari N.V.
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Acura
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Japanese luxury vehicle brand owned by Honda Motor Company, specializing in premium automobiles.

BMW
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German luxury automobile brand known for performance-oriented sedans, SUVs, and electric vehicles.
Competitive Analysis
Market Positioning: Lotus competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Geely Automobile Holdings Stock Information
Jobs at Geely Automobile Holdings
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