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Lotus today in London claimed it had a record-breaking 2023 first half. The Chinese-owned firm said production of its hyper-SUV, Eletre, ramped up this year in its first all-electric vehicle factory in Wuhan, China. Customer deliveries began in China at the end of March. (AutoInformed: Lotus Eletre SUV EV at Goodwood; Chinese Hyper EV – the Lotus Eletre SUV Debuts; Lotus Elise, Exige, Evora Production Ends)
“We set an ambitious goal in 2018, with the launch of our Vision80 strategy to transform the business from a traditional automotive brand to become an all-electric, luxury, mobility provider in ten years,” said Feng Qingfeng, CEO of Lotus Group. Continue reading
AC Cars Wins Right to AC Cobra Name
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AC Cars, arguably Britain’s oldest active vehicle manufacturer, and Acedes Holdings, have prevailed in a legal challenge from Clive Sutton Limited about the ownership of the AC Cobra name in a London High Court. As a result, AC Cars retains the UK trademark of the AC Cobra name for automobiles, cars and sports cars.
“We are delighted with the judgment, as it vindicates our desire and commitment to protecting our trademarks and intellectual property, and not to allow imitators of our products to benefit from our heritage,” said David Conza, CEO of AC Cars. Continue reading →