L Catterton Asia Acquisition Corporation (LCAAU) News

FORM F-4 Lotus Technology Inc.

October 16, 2023
https://www.sec.gov/Archives/edgar/data/1962746/000110465923109358/tm236957-16_f4.htm

https://www.sec.gov/Archives/edgar/data/1962746/000110465923109366/tm236957d19_425.htm

Lotus Technology in 425 (Prospectus/communication re business combination) of filed (2023-10-16)

Huge foot print ! https://www.lotuscars.com/en-US/lotus-dealer

Lotus EV unit warns of China risks ahead of Spac listing

Peter Campbell in London yesterday
https://www.ft.com/content/d4614bb0-08fc-4e78-8f35-b3cc9c8b3056




London yesterday
https://www.ft.com/content/d4614bb0-08fc-4e78-8f35-b3cc9c8b3056

Lotus to celebrate 75th anniversary with Auckland heritage day

Oct 06 2023
https://www.stuff.co.nz/motoring/133076768/lotus-to-celebrate-75th-anniversary-with-auckland-heritage-day

Lotus Emira 2.0: Price, Release Date, Specs, And Everything We Know

Published 1 day ago
https://www.hotcars.com/lotus-emira-what-we-know/

The new Lotus Eletre Hyper-SUV is faster than most supercars

5th Oct 2023
https://supercarblondie.com/lotus-eletre-hyper-suv/

In connection with the proposed Business Combination, (i) Lotus Tech will file with the SEC a registration statement on Form F-4 containing a preliminary proxy statement of LCAA and a preliminary prospectus (the “Registration/Proxy Statement”), and (ii) LCAA will file a definitive proxy statement relating to the proposed Business Combination (the “Definitive Proxy Statement”) and will mail the Definitive Proxy Statement and other relevant materials to its shareholders after the Registration/Proxy Statement is declared effective. The Registration/Proxy Statement will contain important information about the proposed Business Combination and the other matters to be voted upon at a meeting of LCAA shareholders to be held to approve the proposed Business Combination.

425 (Prospectus/communication re business combination) of filed (2023-09-11)
https://www.sec.gov/edgar/search/?r=el#/q=Lotus%20Technology&page=1&ciks=0001841024&entityName=L%20Catterton%20Asia%20Acquisition%20Corp%20%20(CIK%200001841024)

HUGE !!!!! Our state-of-the-art, vehicle plant in Ansty, England,
https://levc.com/company/our-home/

Owner Zhejiang Geely Holding Group (100%)
Parent Geely UK Ltd.

https://en.wikipedia.org/wiki/London_Electric_Vehicle_Company#History

But not this Spacs ownership. This Spac is LOTUS TECH.

All Lotus road cars are designed and engineered to be sold in all major international markets.

Emeya. EV https://www.lotuscars.com/en-NL/emeya

Paris, France – 27 September 2023
New Lotus flagship brand centre opens in luxury district of Paris

https://media.lotuscars.com/en/news-articles/new-lotus-flagship-brand-centre-opens-in-luxury-district-of-paris.html

GEELY OUR BRANDS Lotus Cars https://zgh.com/our-brands/lotus-cars/?lang=en

Lotus claims the Emeya is one of the fastest electric grand tourers in the world, with a claimed 0-100km/h sprint in 2.78 seconds.

Lotus has unveiled its first four-door grand tourer, which will form as the flagship model in its electric vehicle (EV) lineup. It’s also confirmed to be coming to Australia.

Production of the Lotus Emeya electric four-door grand tourer is slated to commence in 2024, ahead of a confirmed Australian launch sometime during 2025.

The Emeya will be the British sports carmaker’s second EV on sale locally, following the Eletre SUV that’s now confirmed to be arriving in the second quarter of 2024.

https://www.carexpert.com.au/car-news/lotus-emeya-coming-to-give-the-porsche-taycan-headaches-in-australia

Geely-owned electric London taxi maker reveals next-gen tech

Geely-owned LEVC has announced its latest modular architecture which features Level 4 autonomous driving capabilities.

May 04, 2023
https://www.carexpert.com.au/car-news/chinese-owned-electric-london-taxi-maker-reveals-next-gen-tech

LEVC More Than Doubled Plug-In TX Taxi Sales In 2019

Nice pics.... https://insideevs.com/news/392344/levc-doubled-plugin-tx-sales-2019/

GEELY, 07.03.2023 LEVC’S ELECTRIC TX OVERTAKES DIESEL IN LONDON

Ansty, 7th March 2023 – There are now more LEVC (London Electric Vehicle Company) TX electric taxis on the streets of London than diesel TX4s, as the capital’s transition to a clean, green EV black cab fleet continues to accelerate.

Highlighting the transition away from fossil fuel, LEVC’s TX taxi – the world’s most advanced electric taxi – now represents more than 40% of official black cabs, with over 6,000 vehicles operating in the capital.
https://levc.com/levcs-electric-tx-overtakes-diesel-in-london/

Awesome !!!!!

GEELY HUGE !!!! London EV Company Limited (LEVC, formerly The London Taxi Corporation Limited trading as The London Taxi Company) is a British automotive electric vehicle manufacturer with its headquarters at Ansty near Coventry, England, and a wholly-owned subsidiary of Chinese automaker Geely. The company is responsible for the electrical conversion of London’s famous black taxicabs.
https://en.wikipedia.org/wiki/London_Electric_Vehicle_Company#History

https://levc.com/


Wednesday 22nd March 2017, Geely Chairman Li Shufu cut the inaugural ribbon with Rt Hon Greg Clark MP, as we announced the official opening of the UK’s first car plant dedicated solely to the production of electric vehicles.

Our state-of-the-art, vehicle plant in Ansty, England,
HUGE !!!!! https://levc.com/company/our-home/

Geely Wants London Electric Vehicle Company to Build a Lot More Than Just Black Cabs

January 23, 2023
https://jalopnik.com/geely-wants-london-electric-vehicle-company-to-build-a-1850020427

Geely has a sprawling carmaking empire and has listed parts of Volvo Cars, including Polestar. Its premium Chinese luxury brand Zeekr is talking to investors about a possible initial public offering.

Geely also plans to turn the London Electric Vehicle Company, which makes iconic black taxis, into a high-volume, all-electric brand.

Lotus launches electric GT model as mass expansion plan rolls on
Sep 08, 2023
https://ca.investing.com/news/stock-market-news/lotus-launches-electric-gt-model-as-mass-expansion-plan-rolls-on-3101628

Zeekr.... Zeekr chief executive Andy An comments came after it unveiled an automotive taxi prototype developed alongside Waymo at CES. Zeekr’s boss noted that the company plans to build vehicles for Waymo in China and may also build the autonomous vehicles in the United States. Interestingly, An says Zeekr has no plans to actually enter the U.S. consumer market.

January 9, 2023
https://www.carscoops.com/2023/01/zeekr-wants-to-double-its-sales-this-year-but-wont-enter-the-u-s/

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

NASDAQ: GOOGL

Waymo is owned by Alphabet Inc

The Geely-owned company is still in its infancy but in 2022, was able to sell an impressive 72,000 vehicles, most of which were sold in China. In January it asserted that it would sell upwards of 140,000 vehicles this year but through the first half of 2023, it was tracking well behind that target having delivered 42,633 vehicles. It did have a particularly strong June, however, selling a total of 10,620 vehicles.

Read: Zeekr Wants To Double Its Sales This Year But Won’t Enter The U.S.


Zeekr Meets With Global Investors As It Prepares For U.S. IPO

Zeekr hopes that a $1 billion IPO in the U.S. could give it a valuation exceeding $13 billion

August 24, 2023
https://www.carscoops.com/2023/08/zeekr-meets-with-global-investors-as-it-prepares-for-u-s-ipo/

Robotaxi Service Watch GEELY for ipo

Alphabet's Waymo and GM's Cruise Win Approval to Expand Robotaxi Services in San Francisco

August 11, 2023
https://www.investopedia.com/alphabet-s-waymo-and-gm-s-cruise-win-approval-to-expand-robotaxi-services-in-san-francisco-7642342

GEELY other IPO coming soon.... The SEA-M was developed to support a range of future autonomous mobility products including robotaxis, MPVs, and logistics vehicles

https://zgh.com/media-center/story/the-future-of-mobility-with-m-vision/?lang=en

Media Center / Stories GEELY https://zgh.com/media-center/geely-story/?lang=en

OH my GAWD, Waymo robotaxi based on the Zeekr SEA-M platform

.... In December 2021, Geely announced that Zeekr would be collaborating with Waymo to develop and provide all-electric, autonomous ride-hailing vehicle for the Waymo One autonomous mobility service in the United States.[4] The vehicle integrated with Waymo’s technology was unveiled in Los Angeles in November 2022.[5]

https://en.wikipedia.org/wiki/Zeekr

Waymo late on Wednesday revealed its new robotaxi based on a platform developed by Geely and its Zeekr EV brand.

Alphabet Inc.'s self-driving division first announced plans for the robotaxi in late 2021, and at Wednesday's reveal the company said the vehicle will be deployed in the Waymo One robotaxi service in “the years to come.”

Zeekr hasn't said where the robotaxis will be built, though Geely has a new plant in China established for production of vehicles based on the SEA platform.

Separately, Zeekr is developing its own vehicle with Level 4 self-driving capability in a partnership with Intel's Mobileye self-driving division. The targeted launch is 2024.

All electric.
Riders-first. 
Designed specifically for fully autonomous ride-hailing.

Take a peek at our new mobility platform in partnership with @GeelyGroup—available in the years to come. 🤖🚘 pic.twitter.com/AJiRtPzytP— Waymo (@Waymo) November 17, 2022

Nov 17 2022
https://www.motorauthority.com/news/1137882_waymo-reveals-robotaxi-based-on-zeekr-sea-m-platform

Zeekr was founded in March 2021 as a premium electric mobility brand for battery-powered vehicles by the Geely Group to compete against Nio and Tesla, among others. Its first model, the Zeekr 001 was officially launched in April 2021.[2] The Zeekr models are to be based on the SEA platform presented in autumn 2020.[3] In December 2021, Geely announced that Zeekr would be collaborating with Waymo to develop and provide all-electric, autonomous ride-hailing vehicle for the Waymo One autonomous mobility service in the United States.[4] The vehicle integrated with Waymo’s technology was unveiled in Los Angeles in November 2022.[5]

https://en.wikipedia.org/wiki/Zeekr

Zeekr, the electric car brand under Geely, aims to achieve $18 billion market valuation before an IPO in the US

Sep 20, 2023
https://technode.com/2023/09/20/chinese-ev-maker-zeekr-aims-to-achieve-18-billion-market-valuation-before-an-ipo-in-the-us/

GEELY HOLDINGS Media Center / News https://zgh.com/media-center/news/?lang=en

Chinese EV maker Zeekr aims to achieve $18 billion market valuation before an IPO in the US

Sep 20, 2023
https://technode.com/2023/09/20/chinese-ev-maker-zeekr-aims-to-achieve-18-billion-market-valuation-before-an-ipo-in-the-us/

The latest news is that Zeekr, the electric car brand under Geely, has filed an application for an IPO in New York and is looking to raise as much as US$1 billion (RM4.3 billion).

Zeekr seems to be seeking a valuation of more than US$10 billion, and the IPO could take place as early as the second quarter of this year.

30 Jan 2023
https://theedgemalaysia.com/node/652770

Lotus Group is the parent company of the above subsidiaries and others. It is part of Geely Automotive, the fastest-growing automotive group in the world. Geely has a 51% controlling stake, with 49% owned by Etika Automotive, a Malaysian conglomerate.

https://media.lotuscars.com/en/about/about-lotus-2.html

Geely https://en.wikipedia.org/wiki/Geely
Number of employees, 80,000
Revenue CN¥92.1 billion[2] (2020)
Operating income CN¥9.636 billion[2] (2020)
Net income CN¥6.44 billion[2] (2020)
Total assets CN¥206.74 billion[2] (2020)
Total equity CN¥64.21 billion[2] (2020)

Lotus Cars Limited..., Parent organizations: Geely, Proton Holdings, Lotus Group International Ltd.

The company launched its first electric hyper-SUV Eletre last year, with customer deliveries taking place in China at the end of March 2023 and UK and Europe imminently. Lotus recently launched Emeya, its next generation electric hyper-GT, in early September 2023.

Lotus continues to see a huge demand for its products, with an orderbook of over 17,000 vehicles for its Emira sports car and Eletre hyper-SUV. Lotus has ramped up production this year, having had a record-breaking first half of 2023, with an 381% increase from FY22. It expects the full year to surpass all previous years.

London, UK (21 September 2023)
https://media.lotuscars.com/en/news-articles/lotus-appoints-victoria-tomlinson-as-executive-director,-pr-and-communications.html

About Lotus
Lotus is a global performance brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true automotive innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and an all-electric luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.

Lotus Emeya, Flagship EV GT

...Derived from Geely’s SEA EV platform, ...

...The all-new Lotus Emeya is set to enter production later in 2024, taking place at Geely’s manufacturing plant in Wuhan, China. Sales for the Emeya are expected to commence some time later in 2024, with more details regarding that matter will be revealed later in Q4 this year.

https://www.caricarz.com/en/news/lotus-emeya-unveiled-as-marques-905-hp-rated-flagship-ev-gt/8878

London, UK September 21, 2023 Lotus appoints Victoria Tomlinson as Executive Director, PR and Communications

Victoria said: “Lotus has ambitious plans to transform its entire product offering and scale globally in the next five years, and I can’t think of a more exciting time to join the business. It’s a real privilege to support and shape the communication of Lotus’ extensive heritage and its ambitious future plans.”

https://media.lotuscars.com/en/news-articles/lotus-appoints-victoria-tomlinson-as-executive-director,-pr-and-communications.html

2025 Lotus Type 135

Starting at $80,000 est

https://www.caranddriver.com/lotus/type-135

2024 Lotus Emira

Starting at $77,100
https://www.caranddriver.com/lotus/emira

- it's a robotic charging device

04-21-2023 This Lotus Robotic EV Charger Has Up to 500 kW Charging Rate

https://www.caricarz.com/en/news/this-lotus-robotic-ev-charger-has-up-to-500-kw-charging-rate/7008

Shock @lotuscars unveiling! But it's not a car - it's a robotic charging device which can top up any electric car at up to 500kW... pic.twitter.com/V82qgmG7MJ— Autocar (@autocar) April 18, 2023

...Since its founding in 1948, Lotus typically made 5,000 cars a year, but funded by Geely and Etika, the company has planned a massive expansion.

Lotus launches electric GT model as mass expansion plan rolls on

September 7, 2023
https://www.yahoo.com/lifestyle/lotus-launches-electric-gt-model-221034929.html

Who owns Etika automotive?

You might be surprised to know that Malaysian tycoon Tan Sri Syed Mokhtar Albukhary still owns a 49 percent stake in Lotus via Etika Automotive Sdn Bhd. Meanwhile, Zhejiang Geely Holding Group owns the remaining 51 percent of Lotus.Aug 28, 2023

Geely's Lotus forms new firm in China and secures NIO Capital investment

August 31, 2021
https://cnevpost.com/2021/08/31/geelys-lotus-forms-new-firm-in-china-and-secures-nio-capital-investment/

NIO Capital's partner, Ning Yu, was formerly a Vice President of Geely Group and was involved in the acquisition of Proton, Lotus, Terrifugia, and Daimler Benz. He may have played a key role in facilitating NIO Capital's investment in Lotus Technology.

Construction has begun on Lotus Technology's global headquarters in the Wuhan Economic & Technological Development Zone, according to a report in the Changjiang Daily on Tuesday.

The facility covers an area of about 186 mu (124,000 square meters), with a floor space of 390,000 square meters and a total investment of RMB 3 billion, previous information showed. The company's smart factory with an annual capacity of 150,000 vehicles is expected to start production by the end of the year.

Geely acquired Lotus in 2017 and owns 51 percent of the latter, including Lotus Cars and Lotus Engineering.

July 17, 2023 Lotus Technologies Backed By NIO Capital And Geely to IPO soon

https://ev-edition.com/2023/07/lotus-technologies-backed-by-nio-capital-and-geely-to-ipo-soon/

Nice Picture of Lotus Technologies Global Headquarters.

Li Shufu, also known as Eric Li

Li Eric $19B
2023 Billionaires Net Worth as of 4/4/23
https://www.forbes.com/profile/li-eric/?sh=188c7fbe194a

Founder and chairman of Geely
Chairman of Volvo Cars

Li founded Geely in November 1986, now the second-largest private automobile manufacturer in China

Geely Automobile Holdings has a market cap or net worth of $12.28 billion as of September 9, 2023..
https://en.wikipedia.org/wiki/Li_Shufu

Geely is the Chinese car company Americans will see most of in the coming years, through brands such as Volvo, Polestar, Lotus and Zeekr. Chinese automotive tycoon Eric Li is letting more people into his $30 billion-plus private garage. It is full of old brands, new tech/
https://flipboard.com/topic/volvo/-/a-UUS-Aay1QtqyJuziJ2OOng%3Aa%3A3660038-%2F0?format=amp

...Geely and other owners are expected to retain an 89.7% shareholding in Lotus Tech after the SPAC merger. Geely’s billionaire owner Li Shufu also controls Swedish carmaker Volvo Car AB and owns stakes in Germany’s Mercedes-Benz Group AG and the UK’s Aston Martin Lagonda Global Holdings Plc.....
https://www.detroitnews.com/story/business/autos/foreign/2023/02/01/geelys-lotus-going-public-via-spac-at-5-4-billion-valuation/69860675007/

Gentari & Lotus Cars Malaysia Pen Agreement To Explore EV Infra Development

13-04-2023
https://www.caricarz.com/en/news/gentari-lotus-cars-malaysia-pen-agreement-to-explore-ev-infra-development/6878

Lotus Technology's First Electric Hyper-GT Emeya Debuts in New York

07 Sep, 2023
https://www.prnewswire.com/news-releases/lotus-technologys-first-electric-hyper-gt-emeya-debuts-in-new-york-301921398.html

i'm wondering how this is going to go... they have LVMH with Bernard Arnault on their side, so I can only imagine something good.

Arnault is a shrewd businessman with questionable ethics, but he does know how to make shit loads of money by taking advantage of people.

Peeps want a Lotus truck

2024 Lotus Eletre
set to go on sale in the U.S. sometime in 2023.
Starting at $115,000 est

Lotus says it will offer the Eletre in Base, S, and R configurations and the base price will be below $85,000

https://www.caranddriver.com/lotus/eletre

https://www.lotuscars.com/en-US/eletre

2024 Lotus Evija
Starting at $2,300,000 est

While the Evija's entire production run is sold out, Lotus says some 2024 models still need to be built and delivered.
https://www.caranddriver.com/lotus/evija

https://www.lotuscars.com/en-US/evija

does Nio own? this was a copy pastey from googles Q&As. Factual? I do not know.