Business Secretary Jonathan Reynolds is set to discuss Lotus's future in the UK amid rumors that its Chinese owner Geely may cease operations at the Hethel plant, risking 1,300 jobs. However, Lotus has refuted claims of a closing but stated they're seeking enhanced efficiency and competitiveness for future strategies. They emphasized their commitment to the UK market, highlighting continued operations and substantial investment in R&D over the past six years. The UK remains integral to Lotus's identity and operations, as reiterated in their recent statements.
Lotus Cars is continuing normal operations, and there are no plans to close the factory. We are actively exploring strategic options to enhance efficiency.
We have invested significantly in R&D and operations in the UK, over the past six years. Lotus remains committed to the UK.
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