LONDON -- Lotus will leverage owner Geely's Daimler ties and use an engine from Mercedes' performance arm AMG in the Emira sports car.
The Emira was unveiled on Tuesday ahead of a public debut at the Goodwood Festival of Speed auto show on Thursday.
It's the second model after the Evija full-electric hypercar to be unveiled since Geely bought a majority stake in the U.K. sports-car maker in 2017.
The two-seat coupe replaces the Elise, Exige and Evora and will be the last combustion engine built by Lotus before the brand goes all-electric toward the end of the decade. Emira deliveries start next spring.
The car has been designed to appeal to buyers who are looking for the driving dynamics Lotus has long been known for and modern-day comforts and technology the company's cars have often lacked.
The Emira "is the most accomplished Lotus road car ever to roll through the Hethel factory gates," CEO Matt Windle said in a statement.
The car will launch with the same Toyota V-6 engine that powers the current Exige and Evora but will be quickly joined by what Lotus says is "the world's most powerful in-line four-cylinder" engine from Mercedes' performance arm AMG
The 2.0-liter turbocharged gasoline AMG unit is a detuned version of the engine that powers the Mercedes A-Class A45 AMG and will make 350 hp initially, Lotus said. In the future higher power versions will be added that will bring the power closer to that of the 421 hp in the highest-power A45. Four-cylinder cars will be fitted with a dual-clutch gearbox, in place of the manual or automatic transmissions in the V-6.
Versions with the Toyota V-6 will be the most powerful initially, making 400hp.
The Emira's acceleration is quick, with the car reaching 100 kph (62 mph) from a standing start in less 4.5 seconds. Lotus did not disclose the exact acceleration time.