Lotus’ EV Shift, Ferrari’s Defense, and Montero’s Comeback Highlights

Lotus is slowing EV development to focus on gas cars, while Mitsubishi brings back the Montero. Fridays at TMD!
Lotus Ceo Feng Qingfeng Copy

In a landscape where automotive innovation is relentless, the British car manufacturer Lotus is taking an unexpected approach by refocusing on traditional gas-powered cars instead of electric vehicles (EVs). This pivot comes as part of a broader industry trend where some automakers are re-evaluating their electric strategies amid shifting consumer preferences and market dynamics.

Lotus’s Unconventional Approach to EVs


Photo: Lotus

Lotus CEO Feng Qingfeng has candidly acknowledged the complexity of converting luxury car enthusiasts to EVs, highlighting that some customers prefer the visceral experience of a traditional engine. “Certain customers simply enjoy the thrill of driving a car with a powerful engine, even with some lag in the power delivery,” admitted Qingfeng in an interview with Automotive News Europe.

This perspective reflects a broader challenge within the automotive industry, where the push for efficiency and performance must sometimes be balanced with customer desires for driving enjoyment.

Ferrari’s Electric Ambitions

Meanwhile, Ferrari is actively promoting its electric model, the Luce, asserting strong interest from new clients. CEO Benedetto Vigna emphasized at a recent automotive event that demand is high, with some customers already placing orders. As reported by Reuters, Vigna stated, “There is strong interest, including from new clients.”

Lexus Reevaluates Its EV Strategy

Lexus has decided to halt the development of its next-generation EV, the LF-ZC, due to weak demand and changes in subsidy policies. Bloomberg reports that this shift is part of a broader review of new projects by Toyota, Lexus’s parent company. The planned technology advancements from the LF-ZC will be integrated into other models, as noted by a Toyota spokesperson.

Mitsubishi Revives Its Classic Models


2004 Mitsubishi Montero Sport

Photo: Mitsubishi

Mitsubishi is set to reintroduce the Montero to the U.S. market, alongside plans for a new midsize pickup truck. According to Automotive News, the new truck will be built by Nissan in the U.S. and is expected to share its architecture with future Nissan models. Mitsubishi also announced the return of its iconic Pajero SUV, which will be unveiled globally in 2026, bringing back a model beloved by many for its off-road capabilities.

What I’m Listening To

Enjoying Barry White’s “Let The Music Play” while writing, a serene soundtrack to the week’s end.

The Big Question

Do you know the CEO of the company who built your car/all your cars? Who are they?

Top photo: Lotus

Original Story at www.theautopian.com