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Lotus Cars is a British manufacturer of sports and racing cars located at in Hornsey, North London. The company was founded as Lotus Engineering Ltd in 1952. The company designs and manufactures race and production vehicles of light weight and good maneuvering characteristics. It also owns the engineering consultancy services, which has outlets in the United Kingdom, United States, Malaysia and China. In 1954, there were designed and developed for Formula 1 cars. One firm Lotus Group was formed in 1959. Lotus Cars Limited and Lotus Components Limited focus on production road cars.
Lotus Components Limited became Lotus Racing Limited in 1971 but stopped working in the same year. In 1959 production was moved to Lotus Cheshunt, where he built a new plant. From 1966, Lotus takes possessing modern factory equipment for automotive testing in Hethel, near Wymondham. Lotus have produced thousands of successful racing cars.
Disputed cars produced by Lotus have won seven times Formula One World Championship. In 1986, the company was purchased by General Motors. On 27 August 1993, General Motors sold the company for 30 million pounds Holdings SA ACBN, a company managed by Italian businessman Romano Artioli, who also owns a Bugatti Automobili SpA.
In 1996, he sold the majority stake in Lotus Perusahaan Otomobil Nasional Bhd. The company also acts as an engineering consultant to other car manufacturers. In 2006, Michael Kimberley CEO of the company. Kimberley retired as CEO in 2009 and was replaced by Dany T Bahar.
Lotus Engineering, a group that is dedicated to hybrid and electric vehicles. Lotus did not reveal details about the projects of new electric cars. The only hint is that their electric car can go 640 km with a single charge, and it is the one of the best electric car in the world.