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Lotus Type 132 electric crossover spotted testing in China

Thanks to Carscoops, we know that Weibo Chinese social media user Ductile Iron BX spotted a Lotus Type 132 prototype testing on Chinese roads. This is the vehicle that will inaugurate the English sports car maker's transition to a battery-electric future and its future as a purveyor of crossovers, the once dirty word among the light-and-simple crowd that's just too profitable to ignore. In profile, the long, low roof makes the Type 132 look more like a jacked-up Allroad-style wagon than a traditional crossover. The heavy camo can't hide the jutting tail that holds a deployable spoiler. Those regular-sized wheels look good, but they don't fill the arches that way we've come to expect from speedy SUVs; we won't be surprised if larger rims appear on the debut model, with an option for even larger rims. The treatment of the rear quarter glass, which looks like a vent, is a neat touch. We know black drapery hides other touches like an active lower grille, its hexagonal mesh peppered with panels that twirl open to provide the right combination of powertrain cooling and vehicle aerodynamics, and some kind of sensor unit rising from the roof. Nor can the camouflage hide the sharp lines throughout, from the concave front fascia to the arced rear fenders to the dramatic rear bumper. This could be a good looking start to Lotus' people-hauler era. The Type 132 is expected to debut this spring, riding on the firm's Evolution Architecture for premium vehicles and featuring 800-volt electrics and a battery with a possible 120-kilowatt capacity. Lotus has said the crossover will reach 60 miles per hour in under 3. seconds, an estimate that probably refers to the dual-motor version that might put out as much as 750 horsepower. Even though the Type 132's place in the luxury segment will see it lined up against entries like the Aston Martin DBX and Porsche Cayenne, this being the first super-sporty CUV from this OEM, it will undoubtedly spend the early part of its life thrown into battles with the Tesla Model X. Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Nissan GT-R, Armada and the new Kia Sorento | Autoblog Podcast #658

In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor, Green, John Beltz Snyder and Road Test Editor Zac Palmer for the final episode of 2020. They've been driving some interesting cars, including the Nissan GT-R, the new Nissan Armada, a Mercedes-Benz GLA and a pair of new-gen Kia Sorentos. They talk a bit about an interesting new EV called the Ace from Alpha Motor Corporation. Finally, the trio takes turns talking about their favorite cars they drove this year. Enjoy, and we'll be back with more episodes in 2021. Autoblog Podcast #658 Get The Podcast iTunes – Subscribe to the Autoblog Podcast in iTunes RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown What we're driving:2021 Nissan GT-R 2021 Nissan Armada 2021 Mercedes-Benz GLA 2021 Kia Sorento Alpha Motor Corporation unveils Ace electric coupe Our favorite cars of the year: Zac: Lotus Evora GT John: Polestar 2 Greg: McLaren GT Feedback Email – Podcast@Autoblog.com Review the show on iTunes Related Video: Green Podcasts Kia Lotus McLaren Mercedes-Benz Nissan Coupe Crossover SUV Electric Luxury Performance Sedan Polestar

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