Who owns Lotus Technology Inc.? The ownership chain, Li Shufu's stake and the 2024 deal
Facts checked
Lotus Technology Inc. appears here because the ownership graph records a holding in it by a Chinese entity. The chain below is the whole of what this site claims.
Lotus Advanced Technology Limited Partnership held 186,648,945 ordinary shares, 28.8%, at 28 February 2026. Its partners act in concert with Ming Jun Holdings Limited, which Li Shufu wholly owns, so he may be deemed to own the whole holding.
The short answer
| Controlled by | Li Shufu |
|---|---|
| Stake | 28.8% |
| Since | 22 February 2024 |
| Kind | company |
| Recorded holdings | 1 |
| Origin | CN |
| Name in Chinese | 路特斯科技 “LOO-tuh-suh KUH-jee” |
| Top of the chain | Li Shufu |
The chain, step by step
Li Shufu holds a stake in Lotus Technology Inc. at 28.8% since 22 February 2024.
Lotus Advanced Technology Limited Partnership held 186,648,945 ordinary shares, 28.8%, at 28 February 2026. Its partners act in concert with Ming Jun Holdings Limited, which Li Shufu wholly owns, so he may be deemed to own the whole holding.
| Holder | Holds | Kind | Stake | Since |
|---|---|---|---|---|
| Li Shufu | Lotus Technology Inc. | holds a stake in | 28.8% | 22 February 2024 |
Other recorded holdings in Lotus Technology Inc.
Holdings that are not control, kept out of the chain above so that nothing on this page reads as ownership when it is not. A joint venture is a company two parents built together: its percentage is a share of the venture, not a holding in the partner. The same pair can appear twice with different kinds, and both rows are real.
| Holder | What it is | Share | Since | What the source says |
|---|---|---|---|---|
| Geely Holding | holds a stake in | 16.8% | 22 February 2024 | Held through Lotus Technology International Investment Limited, a wholly owned subsidiary of Geely International (Hong Kong) Limited: 108,740,886 ordinary shares, 16.8% of the 647,302,183 shares outstanding at 28 February 2026. Li Shufu is separately deemed to own the 28.8% held by Lotus Advanced Technology Limited Partnership. Shares issued as consideration for the August 2026 purchase of Lotus Advance Technologies will change these figures; no post-completion register has been published. |
| Etika Automotive Sdn Bhd | 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. |
What Lotus Technology Inc. holds
Every current holding recorded from Lotus Technology Inc. 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 | owns | 100% | 21 August 2026 | Lotus Technology Inc completed the purchase of 100% of Lotus Advance Technologies Sdn Bhd, which owns the Hethel sports car business and Lotus Engineering, on 21 August 2026, putting the whole Lotus brand under one company. |
Related
Sources for Lotus Technology Inc.
- Lotus Technology Inc (U.S. Securities and Exchange Commission), Lotus Technology Inc., Form 20-F for the year ended 31 December 2025. Read .
- Lotus Technology Inc (U.S. Securities and Exchange Commission), Lotus Tech Completed Acquisition of 100% Equity Interest of Lotus Advance Technologies, Integrating All Businesses and Operations Under One Lotus. Read .
- 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, footnote 4. Read .