British sports car maker, Lotus, will be embarking a new journey into the all-electric hypercar space. Codenamed Lotus Type 130, it will be the brand’s first all-new product in more than a decade and their first product under Geely as their new owner.

Lotus has a history of introducing game-changers in not just road cars (the world’s first aluminium and bonded extrusion construction production car was the Elise in 1995) but also F1 cars with the world’s first fully-stressed monocoque F1 car, the Type 25 which went on to be the first Lotus to win an F1 championship in 1963.

The new Hyper EV may look nothing like this

The Type 130 will continue the brand’s legacy of using industry first engineering solutions and Lotus CEO, Phil Popham said: “Type 130 will be the most dynamically accomplished Lotus in our history. It marks a turning point for our brand and is a showcase of what we are capable of and what is to come from Lotus.”

Lotus is expected to unveil the hyper EV in full along with its technical specification in London later this year.