Lotus Emeya Sets New Electric Vehicle Lap Record at Malaysia’s Sepang International Circuit
Rhea-AI Summary
Lotus Technology (Nasdaq: LOT) announced that its pure electric hyper-GT Lotus Emeya R+ (Emeya 900) set a new electric vehicle lap record at Malaysia’s Sepang International Circuit, lapping the 5.5 km track in 2:20.317, more than seven seconds faster than the previously fastest publicly reported EV lap time of 2:27.790.
The record lap was driven by champion GT driver Daniel Lu and is presented by Lotus Tech as evidence of its performance-focused engineering, combining everyday usability with genuine track capability. The company highlights Emeya’s aerodynamics, including its ‘porosity’ design concept, and positions the car among high-performing electric grand tourers.
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Market reaction after electric vehicle lap record: LOT -11.73% in the Jul 20 session
In the Jul 20 session, LOT declined 11.73%, reflecting a significant negative market reaction. Argus tracked a trough of -5.2% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. Trading volume was above average at 2.0x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 18 | Sustainability report | Positive | -1.7% | Released assured sustainability report covering governance, products, and supply-chain initiatives |
| Jun 12 | Reporting update | Negative | +1.7% | Suspended Q1 and Q3 2026 earnings releases during acquisition-related integration work |
| Jun 03 | Board leadership change | Neutral | -3.1% | Appointed Joe Quan Zhang chairman and director effective June 3, 2026 |
| Jun 02 | Vehicle order opening | Positive | -1.5% | Opened mainland Europe orders for Eletre X starting at €96,990 |
| May 26 | Sports model launch | Positive | -1.5% | Unveiled Emira 420 Sport with higher power, lower weight, and August deliveries |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The five listed recent events all diverged from their announcement tone, including positive product updates followed by negative 24-hour reactions.
Key Terms
porosity technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Lotus Emeya R+ records a 2:20.317 lap around Sepang International Circuit, setting a new electric vehicle track benchmark.
- Lap time exceeds the fastest publicly reported EV benchmark (2:27.790) at the circuit by more than seven seconds.
- The exercise demonstrates the Lotus DNA in action and the Company’s continued commitment to driver-focused performance in the electric era.
NEW YORK, July 20, 2026 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, has announced that the Lotus Emeya has set a new record at Malaysia's renowned Sepang International Circuit, completing the track in just 2:20.317, more than seven seconds faster than the fastest publicly reported EV lap previously recorded at the circuit.
The achievement marks a significant step forward in EV performance at one of Asia's most demanding race tracks, underscoring Lotus' continued commitment to engineering excellence and high-performance electric mobility.
Sepang's challenging 5.5km layout combines long high-speed straights with a technical mix of fast and slow corners, placing equal demands on power delivery, braking performance, aerodynamic stability and chassis balance.
The record-setting lap time was achieved by the Emeya R+ derivative, now more commonly known as the Emeya 900, and driven by champion GT driver Daniel Lu. The result highlights Lotus’ ability to combine everyday usability with genuine track capability.
"At Lotus, the track has always been the ultimate proving ground,” said Chong Yok Meng, Senior Director for Chassis and Vehicle Dynamics at Lotus.
“Setting the fastest EV lap at Sepang reflects the dedication of our engineering team and our commitment to delivering exceptional driver engagement, precision and performance. For us, this achievement isn't just about speed – it's proof that our electric vehicles embody the same dynamic principles that have defined Lotus for generations.”
The result further demonstrates Lotus' continued focus on engineering vehicles that live and breathe the company's core performance DNA, while also embracing electrification technology.
Like every Lotus, the Emeya - a pure electric hyper-GT - is designed ‘For The Drivers’. Its DNA is
The Emeya combines cutting-edge technology, a sophisticated design, exceptional performance and unparalleled driving experiences in a package designed for both everyday driving and high-performance use.
A signature element of the Emeya design is its ‘porosity’ – the aerodynamic principle of air flowing through the vehicle as well as under, over, and around it.
Porosity was at the heart of the design of Lotus’ all-electric hypercar Evija, it remains integral to the Emira, and has provided clear inspiration for the Emeya, where those aerodynamic principles contributed to its record-setting performance in Malaysia.
The Sepang record reinforces the Emeya’s position among the world's highest-performing electric grand tourers and highlights how Lotus continues to translate decades of motorsport and performance engineering expertise into the electric era.
About Lotus Technology Inc.
Lotus Technology Inc. has operations across the UK, the EU and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.
Forward-Looking Statements
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential”, “forecast”, “plan”, “seek”, “future”, “propose” or “continue”, or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology. Forward-looking statements involve inherent risks and uncertainties, including those identified under the heading “Risk Factors” in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Lotus Technology Inc. undertakes no obligation to update any forward-looking statement, except as required under applicable law.
Contact Information
For investor inquiries
ir@group-lotus.com
