Balanced News: The Lotus Emeya is a super speedy EV sedan designed to take on Porsche

Lotus has unveiled the Emeya, an all-electric sedan designed to compete with Porsche in terms of speed, technology, and luxury. The Chinese-owned British automaker aims to become a global performance brand by 2028 and is going public through a merger with L Catterton Asia Acquisition Corp. Lotus has already received 17,000 orders for its battery-electric Eletre SUV and Emira sports car. The Emeya, set to go into production in 2024, boasts impressive acceleration and top speed, although specific details about battery range and pricing have not yet been disclosed.