05:29 PM EST, 01/14/2025 (MT Newswires) -- Lotus Technology ( LOT ) delivered 12,065 vehicles in 2024, up 70% from a year earlier, preliminary data showed.

China accounted for 25% of the deliveries, the luxury EV maker said Tuesday in a statement.

The Shanghai-based company expects to increase global deliveries by 20% in 2025.

Shares of Lotus rose 6.4% in after-hours activity.

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