1999 Lotus Esprit V8 Coupe 2-door 3.5l on 2040-cars

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Lotus says the electric Evija is a trailblazer that will influence future cars

Lotus, a company known for making nimble sports cars, is stepping outside of its comfort zone to develop a 2,000-horsepower electric hypercar named Evija. Battery technology is heavy, so the limited-edition coupe won't be a featherweight like the Elise, but the firm's chief engineer told Autoblog it will be imbued with Lotus-ness. Keeping weight in check is easier said than done when you're dealing with four individual electric motors and a 70-kilowatt-hour lithium-ion battery pack. Matt Windle, the man in charge of the company's research and development department, explained the widespread use of composite materials like carbon fiber helps offset the mass. He cited clever packaging as another weight-saving measure. The part the steering column is mounted to is also used as a ducting for the HVAC system, for example. "We try to combine many requirements into one part to keep the weight down," Windle said. All told, the Evija (pictured) tips the scale at about 3,700 pounds. That's remarkably light for an electric hypercar, but it's heavier than any Lotus model in recent memory. And yet, Windle assured us it will still feel like a Lotus behind the wheel. That's partly because the battery pack is where the four- or six-cylinder would be in a mid-engined car rather than directly under the passenger compartment. This configuration gives the two passengers the impression of being wrapped in the cockpit while lowering the center of gravity. "We have the ability to deliver the driving dynamics and the performance that customers expect from a Lotus. It's the same dynamic setup, but with a different propulsion system," Windle pointed out. Lotus will initially cap Evija production at 130 examples, so there likely won't be enough units to fill demand, but that's par for the course when it comes to halo models. The numerous lessons learned from the project will trickle down into other models in the coming years, however, and the company has several products in the pipeline. "People do not understand that Lotus is still going. We want them to know we're still here, that we can still innovate," Windle said. "[The Evija] is not just a standalone product. The design language and the content that's in the car will give us direction as we shape future products that are coming. You'll see it as a trailblazer."

Lotus F1 team $186 million in debt

The Lotus F1 team has fallen on some hard times. Majority-owned by investment firm Genii Capital and having little to do with the British automaker with which it shares its name, the Enstone-based outfit has been widely reported to be in serious financial trouble. The extent of those difficulties were until now unknown, but a new report from Germany's Auto Motor und Sport reveals that the team is in the red to the tune of £114 million - equivalent to $186 million at today's conversion rates.
The lack in cashflow is widely believed to have been the impetus for Kimi Raikkonen's departure from the team in order to return to cash-rich Ferrari, and was one of the major factors in selecting Pastor Maldonado to replace him instead of a more proven and accomplished driver of Raikkonen's caliber. Maldonado brings with him major sponsorship funds from Venezuelan state oil company PDVSA. In speaking with the German publication, however, Lotus F1 chairman (and Genii co-founder) Gerald Lopez revealed that the lion's share of the team's debt - £80 million or $130 million - is with Genii Capital itself, a negative balance that isn't likely to affect the team's day to day. That leaves about $56 million which the team owes to outside parties, including Raikkonen, who has yet to receive the full pay he was contracted for.
The team has opted to sit out the first test session of the Formula One season at Jerez. Its 2014 chassis isn't ready and, given the relatively cold temperatures at this point in the year, the team wouldn't expect to learn much about tire performance and degradation. As far as the new engine goes, Lopez says that any knowledge gleaned by Red Bull, Toro Rosso and Caterham at the test session will ultimately be shared with Renault and through it back to Lotus as well. Lotus engineers helped develop the new KERS system with Renault regardless, so the team already has the energy-recovery data it needs. The team will instead prepare for the second test session in Bahrain, by which point it aims to have its new car ready to kick off the season. Lopez says that it has secured the funding to offset its costs for the season ahead, and that it is working to pay down its debt.

Radford Type 62-2 is rad, a coachbuilt sports car based on Lotus underpinnings

There’s a new coachbuilder out there, and the company calls itself Radford. Today, Radford revealed its first car — the Type 62-2 — and itÂ’s based on the chassis and underpinnings of the Lotus Evora. ThatÂ’s an extremely good place to begin building from. Plus, the company has some big names attached to it. F1 racer Jenson Button is the one who dialed in the carÂ’s driving dynamics. Mark Stubbs, formerly of Bentley, Bugatti, Aston Martin and more, led the design process. And Ant Anstead, now co-hosting "Wheeler Dealers," is handling the build/production work. There may be an Evora underneath all the new bodywork, but this vehicle doesnÂ’t look like one on the outside. Instead, itÂ’s meant to take after the original Lotus Type 62 race car. Take one quick look at both, and it appears as though Radford has done a standup job of getting it there. ItÂ’s even been revealed initially in livery worn by the old Type 62. WeÂ’ll note that there will be two cars with slightly different looks. The first is a “Classic” version without a wing and fitted with staggered 17/18-inch wheels. The other model is called “Gold Leaf,” and it has the Type 62Â’s wings, can be done in the livery you see here and features larger center-locking 18/19-inch wheels. Thanks to the aluminum-intensive structure of the Evora, the Radford Type 62-2 weighs just under 2,205 pounds. Radford saved additional weight by using all carbon fiber body panels. This lightweight body is propelled forward via the 3.5-liter Toyota-provided supercharged V6 used in the Evora. Its base tune in the Type 62-2 offers up 430 horsepower. However, upgrading from the Classic to the Gold Leaf brings an increase to 500 horsepower. Radford says it gets the extra power via upgraded pistons, connecting rods, camshafts and new electronic engine mapping. If you want the extra power in the Classic, Radford says you can still optionally have it. As you may already suspect, a six-speed manual transmission is available on the Type 62-2. Unlike the Evora, though, you can also spec a seven-speed dual-clutch automatic transmission. ItÂ’s the only transmission available if you spec the engine up to 500 horsepower, so pick your poison on that front — thereÂ’s no manual available for the high-power version. As for the suspension, Radford says itÂ’s lowered the car more and changed the suspension geometry a bit compared to the standard Lotus design — thanks, Jenson.