Report: Lotus Likely to Ditch Toyota Engines for Volvo
May 10, 2018—British sports car manufacturer Lotus appears destined to make a major change in the near future by no longer using Toyota engines, according to a report by autoindustriya.com.
Lotus reportedly hopes to make the switch to a different powertrain supplier, after having used Toyota’s engines to motivate their models like the Exige. The main motivation behind the switch would be to keep things in the Geely family.
Chinese automaker Geely has been making several acquisitions in the auto industry recently, purchasing majority stakes in companies like Volvo in 2010 from Ford, and Lotus from Proton last year. And, now that Lotus and Volvo belong in the same corporate family headed by Geely, experts expect sharing between the companies.
Since Volvo has hybrid powertrains under the “Twin Engine” moniker, some in the industry wonder if Lotus will soon unveil a hybrid vehicle, autoindustriya wrote.