Lotus eyes stock market float

by Agence France-Presse - Xinhua News Agency

Feb 23, 2022 12:15 am

LONDON: Chinese-owned sports car maker Lotus is exploring plans for a stock market float to fund its global expansion and invest more in electric vehicles, the group said Monday (Tuesday in Manila).

'We are considering' an initial public offering that would occur 'in a window of 12-24 months' to raise several billion dollars, UK-based Lotus told AFP, confirming media reports.

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