✉news BusinessFinance first seen 11 d ago, last 11 d ago, peak #9
Lotus Technology Targets EBIT Profitability Before 2030
Original: Lotus Technology Targets EBIT Profitability Before 2030 as Deliveries, Margins Improve
Lotus Technology says it aims to reach EBIT profitability before 2030, pointing to improving vehicle deliveries and margins as the basis for the goal. The electric vehicle maker has been working to scale output and cut losses, and the updated timeline gives investors a clearer benchmark for when the company expects its operations to turn profitable.
Why now: Investors are watching whether the EV maker's improving deliveries and margins can deliver a credible path out of losses.
Evidence
- Lotus Technology Targets EBIT Profitability Before 2030 as Deliveries, Margins Improve · Yahoo Finance
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