Lotus Electric SUV “Eletre” Entered In Indian Market – Price Starts At Rs. 2.55 Crore

The New British Sportscar Grand Entry: Lotus Eletre Price In India

British sportscar maker Lotus is officially entering India today with its debut model, the electric Eletre SUV. Lotus Eletre price in India starts at 2.55 crore, the Lotus Eletre is currently the most powerful and expensive electric SUV in India.

It’s also the first model to have begun Lotus changing into an electric-only car manufacturer.

The renowned British manufacturer of sports cars with high-performance Lotus Cars announced that they will be entering the Indian automobile market.

In the official introduction of the brand into India, Lotus unveiled the pricing and specifications of one of its most sought-after versions: Eletre R, an electric Hyper-SUV. Lotus has set the price of the basic model for Eletre R at Rs 2.55 crore in India.

Lotus Cars will enter the Indian market through a partnership with Exclusive Motors India

Exclusive Motors of New Delhi is also a retailer of Bentleys in India and will be the dealer and distributor for Lotus automobiles across the nation. Its first dealership will be open in Delhi around 2024. and further showrooms across the nation will be added in the following years.

  1. Lotus is owned currently by the Chinese brand Geely
  2. The brand’s portfolio across the globe includes three electric vehicles as well as a petrol sportscar
  3. Lotus Emira sportscar to launch in 2024.

Lotus will also introduce The Emira to the market during the latter year of 2024. It is their latest and last internal combustion sports car.

The car comes with two engines to choose from Customers can pick the turbocharged 2-liter 4-cylinder that produces 360hp or a six-cylinder supercharged option that puts out 400hp.

In the announcement, Satya Bagla, Managing Director of Exclusive Motors India, said, “We are excited to bring Lotus cars to India, where we envision a future dedicated to serving our customers with the best-in-class brands. With extensive expertise in delivering bespoke experiences to our customers, our dedication lies in fostering excellence and enthusiasm throughout every journey, igniting the path forward with Lotus’s unparalleled spirit. Our cars are a fusion of cutting-edge technology and automotive artistry, offering a driving experience like no other.”

Lotus Eletre: Range and Powertrains

The car is expected to be released with three distinct variants, which include Eletre S, Eletre S, and Eletre R which will come with the option of two engines. Eletre along with Eletre S features the 450 603 hp / kW single-speed model, which has a maximum distance of 600 kilometers (373 miles).

Its Eletre R comes with the top-of-the-line 675 kW/905 HP dual-speed model with a maximum range of 490 kilometers (304 miles). The torque figures are 710 and 985 Nm and 985 Nm respectively, which gives the speed of 0-62 miles per hour (0-100 kilometers/hour) performance of 4.5 to 2.95 seconds.

The 112 kWh battery that comes with both versions comes with a charging time (10%-80 percent) of only 20 minutes when using a speedy charger. The standard specifications for the Eletre R comes with Lotus Dynamic Handling Pack, Carbon Fibre Pack with gloss black wheels, sporting pedals made of stainless steel, black badges along high-performance tire.

Lotus eletre price in India

Here’s a look at the complete price list for The Eletre’s price list in India:

The cost of Lotus Eletre is susceptible to change depending on the exchange rate, options, fluctuations, and changes to Taxes imposed by the Government:

Lotus EletreRs 2.55 crore
Lotus Eletre SRs 2.75 crore
Lotus Eletre RRs 2.99 crore

Dibyajyoti Bordoloi (CS, MBA Finance & Accounting) is the founder of CageHeaven.com. He is a Practising Company Secretary and a real estate and stock market investor. He is the owner of CS Bordoloi and Associates. He is a commerce graduate from Darrang College, Tezpur, Assam. Later on, he pursued his higher studies at the Institute of Company Secretaries of India (ICSI), and completed his MBA (Finance) degree from Guwahati University. With over 16 years of experience in finance and accounting, he teaches personal finance to non-technical common people like you how to do it the right way. He is a proud member of the Chamber of Real Estate and Builders Association (North-East India). He is also a successful Investor and Trader in Equities and Real Estate.