The highly anticipated Lotus Eletre electric SUV is gearing up to hit the U.S. market, but it’s coming with a jaw-dropping price tag. Let’s dive into what you need to know about this new entrant to the luxury EV scene.
Lotus Eletre Price Tag Shock
The Lotus Eletre Carbon, the launch model for the U.S., will start at a hefty $229,900. That will effectively double the initial price. This significant price increase is largely due to new U.S. tariffs on Chinese-made electric vehicles. Lotus seems prepared to absorb little of this tariff, choosing instead to position the Eletre as a high-end brand statement.
At 201 inches long, the Eletre is longer than a Range Rover and just shy of the Hummer EV SUV. Despite its size, it promises impressive maneuverability thanks to its four-wheel steering system. Under the hood, the Eletre features a dual-motor all-wheel drive powertrain delivering a remarkable 905 horsepower and 727 lb-ft of torque. With a 0-62 mph time of just 2.9 seconds and a top speed of 165 mph, it has to compete fiercely in the high-performance EV market.
Charging and Range
One of the standout features of the Lotus Eletre is its fast-charging capability. It boasts a 350-kW DC fast-charging system, which Lotus claims can charge its 112-kWh battery in just 20 minutes. While EPA range figures aren’t available yet, the Eletre offers between 254 and 280 miles on the European WLTP testing cycle.
Lotus, known for its innovative spirit, isn’t stopping with the Eletre. The company is working on a new battery-packaging platform that will underpin a smaller, lighter sports car set to launch later in the decade. The upcoming Lotus Emeya sedan will also make waves, aiming to compete with heavyweights like the Porsche Taycan and Tesla Model S Plaid. However, with the Eletre’s recalibrated pricing, the Emeya might also come with a premium price tag.
Finally, the Lotus Eletre is set to shake up the luxury electric SUV market with its impressive specs and high price tag. Despite the challenges posed by tariffs and a steep price, it’s clear that Lotus is committed to making a statement in the EV world. Keep an eye out for this exciting new vehicle, which promises to deliver both performance and luxury.
