The Lotus Eletre has finally touched down on North American shores, in the form of an exclusive, ultra-luxurious variant known as the Eletre Carbon. It will initially set back US buyers at least $229,900, a massive increase from the $107,000 starting price first announced back in April. The reason? Primarily due to tariffs and because this is a special edition launch model based on the most powerful R version.
When Lotus first announced plans to launch the Eletre in the U.S., the Biden administration had yet to hike tariffs on EVs built in China from 25% to 100%. This allowed it to price the electric SUV very competitively, giving it a good chance to succeed in the U.S. market.
Read Article