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Cooperation
 
    During Beijing Automobile Fair of November 2006, Youth Automobile Group introduced the Lotus Project and made a formal contract, and the combined R&D center was established. Under close cooperation with British Lotus Automobile Technology Engineering Co. Ltd, Youth Automobile Group will successively launch eight types of state-of-the-art passenger car with high-end technology and high quality, including sports car, household car, MPV, SUV etc. with a displacement of 1.6L to 3.0L. The Lotus Logo will be put on these vehicles which are manufactured from the Lotus technical platform. The combined R&D center has jointly been established be Youth Automobile Group and Lotus Automobile Technology Engineering Co., Ltd, which has an expert team of 300-400 persons who are from home and broad to manufacture the self-owned brand car with European style for launching in the Chinese market of top-grade car.
Introduction of Lotus Automobile Technology Engineering Co., Ltd

    Lotus Automobile Technology Engineering Co., Ltd (hereinafter called as “Lotus Engineering”) is a top consultancy company for professional design and engineering of automobile in the world, which is a brother company of British Lotus Automobile Co., Ltd. It mainly undertakes the complete design, development, engineering and technology upgrading etc of the Lotus-series sports car and racer. It has leading technologies for chassis design, engine calibration as well as operating and control system. Lotus Engineering has more advanced automobile design and engineering technology R&D centers in the world such as in Asia, North America, and Europe etc. On March 8, 2004, Lotus Automobile Sci-tech Engineering (China) Co., Ltd was founded in Lujiazui Financial Center, Shanghai, China to meet the needs of Chinese Industry and Manufacturers for their increasingly development and growth.
   Since the middle and end of 1990s, Lotus has widely succeeded to sever for the major automobile manufactures in the world. Having thoroughly mastered the automobile industry with frontier technologies of automobile engineering theories by the talented and farsighted employees, Lotus has become a leading recognized automobile engineering consultancy expert in the world. Since 1985, Lotus has undertaken the main power train assemblies from 38 global important customers, where, including the L850 engine of GE, a famous brand in the world, which is in mass production at present. According to the statistics, more than 10% engines equipped on the new cars in the European market are designed, developed, improved by Lotus.
For the completed car, Lotus has finished the whole development, design, and engineering for Honda Civic Automobile, which is regarded as the most satisfied cooperative project by Honda.
    Lotus has also finished the whole development of OPEL SPEEDSTER and VAUXHALL VX220 type. At present, 3000 units, as a maximal, of car may be equipped for GE from the production line of Lotus Automobile per year. Today, Lotus has 69 series of 136 patents (including in applying for and approved), where 21 has been licensed. The other projects include ship and boat, truck, bus, agricultural and off-road vehicle, racer engineering technology, including the bicycle that the British athlete who won Olympic Golden Medal in 1992 Olympics used is also designed by Lotus, which makes the Lotus brand strike deep roots in the hearts of the people of course.

Introduction of Long-and-medium term Development Planning for the Enterprise
    Within the coming five years, under close cooperation with British Lotus Automobile Technology Engineering Co. Ltd, Youth Automobile Group will successively launch eight types of state-of-the-art passenger car with high-end technology and high quality, including sports car, household car, MPV, SUV etc. with a displacement of 1.6L to 3.0L. The Lotus Logo will be put on these vehicles which are manufactured from the Lotus technical platform. The combined R&D center has jointly been established be Youth Automobile Group and Lotus Automobile Technology Engineering Co., Ltd, which has an expert team of 300-400 persons who are from home and broad to manufacture the self-owned brand car with European style for launching in the Chinese market of top-grade car.




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