Lotus Technology Received up to $300 Million Funding Commitment to Advance Business Development and Strengthen Liquidity

NEW YORK, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, announced today that it entered into a securities purchase agreement (“the Transaction”) with ATW Partners, a New York-based investment firm that focuses on cutting-edge companies with long-term growth potential, under which the Company agreed to issue and sell convertible notes for up to an aggregate principal amount of $300 million that will be convertible into ordinary shares of the Company in the form of American depositary shares of the Company.

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