Lotus Ditches All-Electric Plans, Embraces Combustion Engines Again with New “Focus 2030” Strategy

May 15, 2026 – Lotus has officially abandoned its all-electric ambitions, unveiling a new three-pronged product strategy that brings internal combustion engines back from the brink of extinction. The British sports car maker, led by CEO Feng Qingfeng, revealed its “Focus 2030” plan on May 13, a dramatic reversal that scraps the brand’s previous commitment…

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GM’s Financial Triumph: 6 Consecutive Quarters of Profit in China, $43.6B Q1 Revenue

April 30, 2026 – General Motors (GM) has unveiled its financial results for the first quarter of 2026, showcasing a robust global performance that surpassed market expectations. Notably, the Chinese market emerged as a significant growth engine, contributing to six consecutive quarters of profitability and solidifying its position as a cornerstone of GM’s global operations….

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