China's Geely, which is taking a majority stake in Lotus, is already making positive noises about revitalizing the product lineup of the underfunded British sports car maker.
Geely said it aims to "unleash the full potential of Lotus Cars and bring it into a new phase of development by expanding and accelerating the rolling out of new products and technologies."
Lotus needs money to finance a new version of its core Elise sports car, which can trace its roots back to the first Elise launched in 1996. It also needs to expand its range beyond its three sports car models to possibly include the SUV that Lotus has said was in development but seems to have stalled.
Geely is perfectly positioned to help. It has revived Volvo Cars and owns the London Taxi Co., which has started production of a hybrid electric black cab that borrows technology used by Volvo.