Lotus is planning to make its mark once again with a huge bang. Geely backed company is making its intent clear by entering in hypercar market in coming years. The new model will come in limited units and is set to become Lotus’s most expensive, fastest and radical model till date. This secretive project is under work at their headquarters in Norfolk. Project is codenamed as “Omega” and the concept version is set to be revealed next year. Details of the hypercar are scarce but Autocar claims that it will have bespoke all-electric powertrain when it arrives.
It will reportedly price of around or above £2 million which is uncharted territory for Lotus and bring them in rare league. Recently, Lotus has started to sell variants of Exige and 3-Eleven for more than £100,000. Lotus has largely concentrated their effort in sports car segment and with Project Omega they will directly land in hypercar segment. The price of the mode exceeds electrified hypercar such as LaFerrari, Porsche 918 Spyder and McLaren P1. It is quite close to the price of £2.5 Bugatti Chiron. Lotus sense that there is an opportunity in electric technology and they want to position itself as most-cutting of performance automakers.
They are known for making lightweight models so developing electric car would be huge challenge for them. Battery technology hasn’t evolved so much and thus added weight of battery in vehicles would take quite an effort. Huge price tag is backed by 1000hp supported by next-gen battery technology that improves power density and reduces amount of cells needed. It will help them to make the car lighter. All-wheel drive system becomes necessity to handle considerable power generated from multiple electric motors. The new hypercar must support fast charging, and driving range of more than 250 miles. Powerful energy recovery system must be in place to guarantee running circuits doesn’t deplete the battery quickly.