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Lotus Eletre specs, pricing and more detailed for European launch

Lotus revealed the Eletre in full last year, and while details were plentiful back then, the British sports car company has a lot more for us today in the realm of specs and pricing. Unfortunately, we don’t have a full layout of U.S. specs and pricing yet, but we can get a good idea of what to expect by looking at the European-market model. Three different versions will hit the market at launch: Eletre, Eletre S and Eletre R. Performance is the same between the Eletre and Eletre S (the S simply adds more luxury equipment), but the R is a unique, high-performance variant. For starters, the base model and S will have an electric motor on the front and rear axles good for a combined 603 horsepower and 524 pound-feet of torque. Lotus says that will be enough for a 4.5-second 0-62 mph time and a 160-mph top speed. Driving range on the WLTP cycle is estimated to be 373 miles for these versions, but expect that number to be down when EPA estimates come out.  The Eletre R notches performance up by a wide margin. Its pair of electric motors produce a combined 905 horsepower and 726 pound-feet of torque, but thereÂ’s a little more than just more powerful motors going on here. Unlike the single-speed transmission the base models use, the Eletre R uses a two-speed transmission for the rear electric motor and a single-speed transmission on the front axle. Lotus says this allows them to optimize the car for ideal launch performance and to improve range at higher speeds. The shifts themselves are automatic. Lotus says the R is capable of doing the 0-62 mph sprint in just 2.95 seconds, and it has a slightly higher top speed of 165 mph. Despite the two-speed transmission, range still takes a sizable hit down to just 304 miles on the optimistic WLTP cycle. We also learn today that the Eletre will house a 112 kWh lithium-ion battery pack in all versions of the SUV. Lotus says it features a maximum charge speed of 350 kW on a capable DC fast charger, which is quick enough to bring you from 10-80% in just 20 minutes. AC charging maxes out at 22 kW, which would allow you to go from 0-100% on your home charger in just six hours. The last big spec Lotus shared today is curb weight. If you opt for the base model with no options, the Eletre can weigh as little as 5,489 pounds. And yeah, thatÂ’s obviously a wild amount of weight for anything with a Lotus badge on it, but the Eletre R is even heavier at 5,820 pounds.

Lotus is building 60 extra light, extra aerodynamic Exige Cup 380s

Lotus is never done adding lightness and once again turned its attention to the Exige. Like so many other special Lotuses, this one, called the Exige Cup 380, makes the same 375 horsepower from its supercharged 3.5-liter V6. However, the weight savings is a significant 117 pounds compared with the 2,447-pound Exige Sport 380. This savings comes from the inclusion of many carbon-fiber parts including a one-piece rear hatch, side intakes, hood, front splitter, side sills, and seats, among others. Lotus also removed the gas struts for the hatch to save 2.2 pounds. And if that's not enough, you can save another 2.2 pounds by choosing the optional HVAC and air vent surrounds, and 22 pounds with an optional exhaust system. The Exige Cup 380 also produces significantly more downforce than the Sport, 43-percent more to be exact. That results in maximum downforce of about 441 pounds at the Cup 380's top speed of 175 mph. The car achieves this thanks to a revised front bumper and splitter, vents above the front wheels, more vents behind the rear wheels, and a new rear wing. Even the windshield wiper rests in a vertical position to aid aerodynamics. The Cup 380 doesn't just benefit from better aerodynamics and less weight. The rear tires are wider than the Sport 380 at 285 mm. The Cup 380 also has two-way adjustable shocks and adjustable front and rear anti-roll bars. Even the stability control can be adjusted to the driver's needs. The car is stopped by four-piston brake calipers at all four corners, and a standard steel roll bar protects the driver. If owners wish, they can also add an FIA-certified full roll cage. Lotus will only build 60 of these Exiges, and they're only available in Europe. They're not cheap either. In the UK, buyers will spend GBP83,000 in the UK and ˆ109,900 in Europe. That means this Exige would cost between $106,000 and $118,000, at current exchange rates. Related Video:

Lotus sells loads more cars, earns way more money

Sports-car company Lotus has reason to be excited. It released some facts on its sales and financial performance for the 2016 and 2017 fiscal year, and it has seen some impressive improvements. According to the company, it sold nearly 60 percent more cars in mainland Europe compared with the 2015/2016 fiscal year, and it sold six times as many cars in the U.S. compared with that year. This helped it go from a loss of GBP16.3 million for the previous year in earnings before interest, taxes, depreciation and amortization (EBITDA) to a GBP2 million profit EBITDA. The fact that those numbers are given before all those extra expenses is noteworthy, though, as it means the company isn't truly profitable yet, despite major gains. The company did report numbers that only excluded tax, and those show the company still lost money. But the good news is that it lost much, much less money than the year before. Before taxes for the 2015/2016 fiscal year, the company lost GBP41.2 million, and this year, it only lost GBP11.2 million. The company expects it will be profitable before tax in the coming year. So Lotus isn't perfectly healthy yet, but this, combined with Geely's recent acquisition, shows it's well on its way to becoming fit as a fiddle. We like the cars Lotus makes, so we hope that things keep getting better, and that we'll maybe get more Lotus models in the future, beyond just the Evora road car and 3-Eleven track car. Related Video: Featured Gallery 2017 Lotus Evora 400: First Drive View 29 Photos Image Credit: Lotus Earnings/Financials Lotus Coupe Lightweight Vehicles Performance