Etika Automotive Sdn Bhd
Etika Automotive Sdn Bhd: what it holds, with stakes and dates
Facts checked
Etika Automotive Sdn Bhd sits at the top of every ownership chain it appears in: this site records no holder above it. The table below lists what it holds, with the stake and the date each holding began.
The short answer
| Controlled by | nothing recorded above it — the top of the chain |
|---|---|
| Kind | company |
| Recorded holdings | 1 |
| Origin | MY |
What Etika Automotive Sdn Bhd holds
Every current holding recorded from Etika Automotive Sdn Bhd downward: outright ownership, minority stakes, joint ventures and licences, each with the stake as the source states it and the date it began. A joint venture's percentage is a share of that venture, not of the partner.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Lotus Technology Inc. | holds a stake in | 24.1% | 22 February 2024 | 156,236,329 ordinary shares, 24.1%, in Lotus Technology's 20-F table for 28 February 2026. The filing notes this figure rests on a Schedule 13G of 8 November 2024 and assumes no change since 30 September 2024, so it is a floor rather than a current count. |
Former holdings
Holdings that ended, kept out of the tables above so nothing current reads as past or the reverse.
| Holding | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Lotus | formerly held | 49% | 2017 | Etika Automotive Sdn Bhd bought 49% of Lotus Advance Technologies Sdn Bhd from DRB-HICOM in 2017 and held it until 21 August 2026. It exercised its put option on 30 June 2025 requiring Lotus Technology Inc to buy the stake, and remains a large shareholder in Lotus Technology. |
| Lotus | formerly held | 49% | 24 May 2017 | Etika Automotive of Malaysia held 49% of Group Lotus from May 2017 until Geely bought it out in August 2026. Etika's shareholding is why Lotus was, for nine years, part-Malaysian as well as part-Chinese. |
Related
Sources for Etika Automotive Sdn Bhd
- Lotus Technology Inc (U.S. Securities and Exchange Commission), Lotus Technology Inc., Form 20-F for the year ended 31 December 2025, Item 6.E Share Ownership. Read . Ownership chain of Etika and its 51/49 split of Lotus Advance Technologies Sdn Bhd with Geely HK.
- Wikipedia, Lotus Cars. Read . Geely's 51% in May 2017, Etika's 49%, and Geely's August 2026 buy-out.