With the launch of Lotus’ new Type 131, the company are investing £100m into its state of the art facilities in Norwich. Along with the major financial investment, Lotus are also opening up 250 new jobs.
With the UK unemployment rate rising to 5% as of the latest ONS (Office Of National Statistics) figures.
CEO, Phil Popham said: “Despite the continuing global challenges, Lotus has emerged from 2020 strong and on track.”
The jobs will be in engineering and manufacturing for Lotus Cars and Lotus Engineering, which is due to open in Warwick later this year.
This year also marks the death of the Elise, which began production in 1995. Exige and Evora models are also due to be cut later this year too.
You can view their press release here.