Lotus has a team of 750 employees at Hethel on the Cambridge Norwich Tech Corridor – and its local supply chain supports around another 750 roles.
Julian Munson, Head of Enterprise Zones & Innovation at New Anglia Local Enterprise Partnership, told the EDP that Lotus is: “a major driver in the local economy” and “we look forward to building a relationship with Geely Holdings to help realise the full potential of the Lotus operation here in Norfolk, building on its important local heritage and looking forward to an exciting future for the company.”
Both parties expect to sign the deﬁnitive agreement in July 2017.
Read the full EDP story here
"As we are seeking to grow our automotive business in Norfolk, the development of Technology Park combined with the link to the Cambridge Norwich Tech Corridor can only strengthen our local position which we welcome"
Aslam Farikullah, Group Lotus
"‘The Cambridge Norwich Tech Corridor shows real vision and I applaud the partnerships role in leading the development of this strategic economic development initiative"
Simon Coward, Hethel Innovation