
Earlier this week, Lotus admitted it won’t go purely electric by 2028 as initially planned. The Geely brand has now shared preliminary details about how it intends to keep the gasoline engine alive. During the Q3 2024 earnings conference call, CEO Feng Qingfeng spoke highly of the so-called Hyper Hybrid technology currently in the works. He essentially reaffirmed the company has no intentions of going purely electric in the foreseeable future.