Lotus has revealed preliminary details of a new electric hypercar during the Shanghai Motor Show.
The Lotus Type 130 is set to come fitted with an electric motor and battery developed in partnership with the Williams Advanced Engineering division.
The full prototype will be launched in the UK later this year while only abstract CFD renderings of the bodywork have been released so far.
“Type 130 will be the most dynamically accomplished Lotus in our history,” said Lotus CEO Phil Popham.
“It marks a turning point for our brand and is a showcase of what we are capable of and what is to come from Lotus.”
The electric hypercar will be the first Lotus production model since the Norfolk-based company’s 2017 acquisition by Geely, a Chinese OEM which also owns Volvo, Polestar and the electric London taxi-making entity LEVC.
Through Geely’s management, the Lotus brand could receive $2 billion in investment over the next five years and gain access to Geely’s market share in the far east.
The Type 130 hypercar is likely to be manufactured at a new facility in Wuhan, China, after the planning authority of Hubei province recently approved Geely’s plans for the factory which is set to build a total of 150,000 cars per year.
Lotus’ partnership with Williams Advanced Engineering was announced earlier this year and will see a close collaboration between the former F1 on-track rivals.
Craig Wilson, managing director of Williams Advanced Engineering, said: “Williams Advanced Engineering takes great pride in delivering innovation for our customers at a rapid pace of development, born from our Formula One heritage.
“We will be further developing next generation powertrains in this partnership with Lotus.”