Lotus Range Extender Engine Set for Production

22 nd June 2010 Page 1 of 2 Lotus Range Extender Engine set for production A collaboration between Lotus Engineering and Fagor Ederlan will develop the Lotus Range Extender Engine for series production. Lotus Engineering, the automotive consultancy division of Lotus Cars Limited, and Fagor Ederlan, part of the Mondragon Corporation Cooperativa, the biggest co-operative group in the world, have completed a joint technical and market study analysing the best route to production for the Lotus Range Extender Engine. The study has culminated with an agreement for Lotus Engineering to develop the engine for series production and sale by Fagor Ederlan for the global automotive market. The three-cylinder, 1.2 litre Range Extender engine from Lotus Engineering has been designed specifically for series hybrid vehicles and the production engine will offer a fast route to market for manufacturers wanting to source a dedicated range extender. The high efficiency, low mass design will enable low emissions vehicles to be produced cost effectively across a wide range of hybrid vehicle applications, as already demonstrated in both the Lotus Evora 414E Hybrid and the PROTON Emas concepts, which were shown at the 80 th International Geneva Motor Show this year. ENDS About Lotus The main operating subsidiary of Group Lotus plc is Lotus Cars Ltd, which has two operating divisions - Lotus Engineering and Lotus Cars. Lotus Engineering is an internationally recognised automotive engineering consultancy based in Norfolk, UK. Global facilities include those in Michigan (USA), Kuala Lumpur (Malaysia), China and offices in Germany and Japan. Lotus Engineering provides comprehensive and versatile consultancy services to many of the world's OEMs and Tier 1 suppliers, offering a full engineering service from initial concept and project design through development and integration of the complete vehicle to meet all worldwide markets and customers to full production. This includes third party 'niche vehicle' engineering and manufacture worldwide. Lotus Cars builds world class, prestige, high performance sports cars for sale in 37 countries. These include the iconic Lotus Elise, the Exige, the 2-Eleven and Lotus’ latest model, the Lotus Evora. Lotus is a global high-tech company, expanding rapidly and committed to driving forward technology for both Lotus Cars and its Engineering clients, spearheading research into such areas as hybrids, electric vehicles and renewable fuels. 22 nd June 2010 Page 2 of 2 About Fagor Ederlan Fagor Ederlan Group is a leading automotive group focused on Chassis and Powertrain Engineering, which offers integral solutions to the market in all its product range. All the major automotive producers and Tier 1 suppliers are clients of the Fagor Ederlan Group. This allows Fagor Ederlan to share and understand the challenges of the market, giving a personalised response to each customer’s demands. A clear service approach has lead to a large international market presence. Fagor Ederlan is a global supplier with 15 manufacturing sites and production alliances in the main market regions of: Western and Eastern Europe, Mercosur, Asia and Nafta. Fagor Ederlan is a cooperative company with more than 3.500 employees and operates within the Mondragon Corporation. The essential objective of Fagor Ederlan is employment generation, always within a frame of sustainability and social commitment. For more information about Lotus please contact: PR Department; Group Lotus plc, Potash Lane, Hethel, Norfolk, UK, NR14 8EZ Tel: +44(0)1953 608264; Email: [email protected] For more information about Fagor Ederlan please contact Fagor Ederlan Group, Marketing Department Torrebaso Pasealekua 7,20540 Eskoriatza Guipuzcoa, Spain Tel: 34.943719000 Fax: +34.943719001 Contact: Judith Muruamendiaraz Range Extender Project Manager [email protected] .

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