My name is Daxue Wang. I'm the Chief Financial Officer of Lotus, and I'm very happy to kick off today's sessions for track 3. I think 100% you don't know my name, but almost 100% you know the name of Lotus. If you know Lotus, I mean, I would say you may be most likely you know Lotus, you know, even earlier than me. I joined Lotus one year ago, it's really my pleasure, you know, to present the company today for you. Of course, we are a listed company in Nasdaq. As a normal, I would say, I prefer have the disclaimer. You know, today's presentation, you know, doesn't, you know, contain any advice for you to sell or buy the company, not anything like that.
For anything, you know, information, you can always refer to our website on the SEC filings. As just mentioned, you know, Lotus has a long history of 78 years, and it was a, you know, heritage, we had heritage from the United Kingdom. We have the DNAs for the sports car and the racing cars. I think we have a lot of contributions to the Formula One and later on to the sports car and today for what we call the car industry.
Until last year, we, you know, delivered like 6,500 cars in total to the worldwide, 70% for the lifestyle car, which is, you know, new energy, with the battery cars, and 30% of sports cars, mostly in the United States. We cover all the main markets in the global. We have opened like 200 stores worldwide. Now we have five, you know, models in the sale, and also, we have one models in the pipeline. We kind of develop until today, we have, you know, the full powertrain portfolio, including the ICE, including the BEV, and also the PHEVs.
We are honored with the, you know, we have the brand sports car heritage, and also, we are leading, you know, EV developers in today's markets. We have in-house the 800 V , you know, the architecture, plus today we have 900 V , you know, architectures also. We are part of the Geely Group, we leverage a lot on their technologies and the supply chains and also the manufacturing base. Overall, I think that Lotus is definitely a company worth, you know, taking a look at. Yeah, of course, like, I would like to know the brand heritage to remind you what we were and what we are today.
We were like the, we won like 81, you know, titles in the Formula One industry history, we have the 7x of the constructors champions the sixth time of the drivers, you know, titles. We won the Le Mans titles the Indianapolis 500. From the long history of Lotus, you can see a lot of our classic models still in our, you know, the, , our museum as a part of the classical model still, you know, running in the, in our, on the street. Until, like, the 2017, when Geely took over the company, we start, you know, like the making very good efforts, you know, for the new energies.
They start with the battery BEV cars, battery, and later on today, we have also the plug-in hybrids. It's a hybrid between the BEVs and also the ICE. That's why I told you, like, we were iconic, you know, brand in heritage on the tracks, on the racing cars, and also the sports cars. We are very famous for the origination of our, you know, the philosophies on the aerodynamics design and also the lightweight, you know, excellence. Also we very honored to be the best, you know, for the car engineering. We do the engineering work for a lot of, you know, other companies also. Our chassis, you know, turning, you know, technology, I think we are one of the best, most recognized, you know, over the industry.
We kept all this kind of, you know, heritage in our current operation also. Meanwhile, we, you know, cater to the, you know, the current, you know, evolution of the markets. We are also, like, doing a lot of pioneering work, you know, for the luxury, you know, sectors in terms of the technology, mostly the new energies. We are one of the earliest, you know, mover for the luxury style, lifestyle EV segments. We are the leading in the technology in these, in these areas. Also today, I think we are trying to, you know, make the best to combine the history plus the current, you know, cutting edge technologies.
That's in some, like, we, you know, the, the brand also evolves, you know, as in line with the market evolution. For you to know better, because, when we say, like, we currently have two Lotuses. One Lotus is, you know, Lotus based in U.K. That Lotus is, you know, where we re-do an R&Ds and then also manufacture our sports cars. Another Lotus we call Lotus Technology. They say the current latest Lotus, here, over here is the last company of list co. This company like focus on the research, manufacturing, and sales of these, the lifestyle car, plus the, you know, the sales for the, our sports cars.
Back to last year, we announced to the public we are having this, you know, what we call the put option. We are going to merge to buy the Lotus U.K. so that later on we are going to have two Lotus into one. That's what we call one Lotus strategy. We are expecting to close the deal by this year. With one Lotus, we are able to, you know, better align with our, you know, resources and to fulfill the synergies between the two companies. Regarding our brand, you know, positioning, I think you see our, one of the modules in the front of the receptions.
Currently, I think our brand is kind of above the mainstream luxury brands like BMWs, and we are in line with the, you know, luxury brands like Aston Martin and the Porsche, yeah, and Maserati. This is our, you know, brand positioning according to our, you know, brand, you know, recognition and also our, you know, our selling price of the modules. I would dwell a little bit on the technology. As I told you, we have, you know, originally, we are the pioneer for the aerodynamics and lightweight, you know, design philosophies. Today, we are still, you know, you can still see this, you know, for every Lotus we have, we are offering to the public, you know, to the even for the PHEVs.
They say the, well, they say like, "Hey, we are successor for the, for our, you know, traditional, you know, merits of the Lotus." Also meanwhile, take advantage of the current, you know, the cutting edge development, especially in China for the electrical cars. We, we are develop, you know, like the 800, you know, voltage electrical architecture. Plus, we have, you know, they already have the 900V also. For every, you know, even for the new battery cars, you can see our, you know, class, our, you know, tech expertise in the, in terms of engineering, in terms of the chassis tuning is still there. I think we offer the best of the products.
The same like, you know, for the same kind of size of product, our product's kind of, you know, 500 Km , you know, lighter than the, than this peers. The plus the, you know, the in-house development of the electric engineering, electrical, you know, architecture, I think we are offering the most competitive, you know, the electric cars for the, for the luxury sections. I think the, something like I would like to mention is about the recent, you know, development about our technology, what we call the X-Hybrid. It's a plug-in hybrid. It's a very good combination regarding our traditional, you know, ICE technology plus the, you know, our PHEV technologies.
This architecture allows us to offer like 900 V , you know the architectures to plus the 952 V, you know, horsepower. Meanwhile it supports, you know, a pretty large battery compared to a lot of competitors is offer very little, only very small volume batteries, where our batteries can be up to 70 kW. It's greatly facilitated, you know, the, you know, the, our ranging, you know, activities. You know, also the, I think it's our acceleration rates, you know, from 0 to 100 Km/h is only 3.3 minutes.
One of the another, you know, data is, and even if it's low battery, has for instance 10% battery only, is what we call this kind of situation, our acceleration rate is still as good as 3.5 seconds. That's a very good, you know, like the sort of astonishing, you know, data. Also, I think, we can recharge this car from 20% to 80% with just 9 minutes. That's, this comes, you know, this technology allow us to, you know, penetrate into more markets where maybe either the charging facility is not so good or some, you know, regions where the customer not ready for the full battery cars. This technology is already applied in our product in China, what we call the For Me.
The first months of this, when we launch this product, we receive over 1,000, you know, orders already. This totally reflects the market recognition of this technology. For the product, you know, roadmap, you'll see like we have already five products on sale. The first Emeya, you know, like it's made in U.K. and it's equipped with, you know, 2,000, you know, horsepower. As well, the most powerful electric cars ever in the history of the industry. Have Emira. You know, it's the one, you know, you see in the inside, you know, in front of the reception.
It's one, it's what we call the last, you know, pure ICE cars in the Lotus. I would say it's pretty popular in the United States, and we have a kind of between like around like 2,000, you know, units sold per year. The next we are gonna have the update version by the end of this month. In 2027, we may have like some facelift for this car also. The next two they are the pure, you know, the BEV, the pure battery versions. One of the Eletre is SUVs, and the Emeya, the first one is the, our sedan. I think they already won numerous, you know, award in the industry.
The fifth slide is what we call the For Me, the hybrid one. It's a hybrid SUV, and I think we already released in China, and we are gonna launch this in the next half of this year to the European markets. We are going to deliver this product, you know, to the end users in the last quarter of this year. Also, we already announced to the public, we are have this, you know, the next generation of sports car. It's PHEV also, for the what we call the Vision X. Yeah, also we are going to have this, you know, you know, unveiled in 2028.
In this kind of product, you can see we're kind of, you know, pretty complete in the portfolio for the powertrains and for the all modules. Not only the sports car, but also the lifestyle cars. It's here from now, the page give you some of the pictures. This is a very classical, you know, we call Type 79 in the history. Still a lot of, I think the people still have very good memory for this. Also this is a very popular one in the James Bond movies, you know, the called Esprit. This is a, you know, or say, here's a good example, like we have in the history, we have a very classical modules in the Exige, Evora, and also Elise.
We also sell the, you know, the chassis and also the engineering for the first generation of Tesla. This car in the, you know, the product I just mentioned a little bit, but I'm not gonna spend too much time on this today. You can see the, from the different pages, you can see the specifications for those models. They say the For Me version, as I just mentioned, is very high technology. It's, I think the most advanced in China, so the was make, you know, allowing us have very competitive, you know, modules now in the markets.
Even for this, you know, latest version, you can still see we have a very good, you know, handling as very, you know, the strong performance and plus the, you know, the driver's engagement is a lot of, you know, in our assets. For the global markets, we are very, you know, evenly distributed networks across the globe. We're 67 in Europe, plus Europe here remains the continental Europe plus the U.K.'s. Also have 58 in China and almost 50 in North America, mostly in the United States, and six of them in Canada. Also the 38 in the rest of the world cover like almost 16 markets.
For this, like, I think I'd like to spend a little bit time on Canada because, you know, Canada, the tariff between China and the United States for the electric cars imported from China is very high, almost 150%. Previously for, you know, Canada is the same, you know, kind of 100%. Now they reduce the tariff, you know, imported, you know, from China to 6% only. We are taking advantage of this. We are the first one. I think still today, we are the first one, like, to get the market access certificate, you know, for the luxury cars. That means we have the first mover advantage. We are taking advantage of this.
Then, we imported cars already from China to the Canada. I think we should be able to set example for the luxury markets where it's practical today when the tariffs can, you know, can lower here also so that, you know, the people can have our, you know, products right here. This page shows us, you know, in terms of the, you know, we have a very strong shareholder, Geely Group. I think the relationship between the two groups actually is what we call the mutual beneficial, right? We benefit a lot from their support on supply chain and manufacturing. Also, I think we enjoy to be the partner for their, you know, brand mix. Also, we are pioneer in the advanced technology for them also.
We have very good, you know, well-balanced global distribution network. I think the relationship between the two groups are mutual beneficial and independent. We have two manufacturing base, one in the U.K., another in China. I think we're both has a very high quality in terms of manufacturing. For the ESG, I think every car, Lotus car is actually embedded into the our, you know, emphasis on the environment. You know, the responsibility is we won kind of numerous award on this. For the finance, I mean, I think we are still making loss, but I think compared to years ago and year by year, I think we are making improvement.
We significantly reduce our, you know, net loss year by year, especially for this last year, almost 50%. You know, I think this kind of capabilities to, you know, further improve our profit margin and also lower the profit and even on the weight of the profitability, I think we can already see this from our history, and also we have the capabilities to carry this on over to the next years. I'm not gonna delay our time on before the performance for the last year and also you can see this overall, I think we are kind of improving our performance in the finance perspective. I would like to take a few more time for the elements on our call the focus at 2030.
This, one of our, you know, strategies just released, announced to the public one week ago. There are, actually the four founding pillars. One is the, you know, We would like to reinforce our brand recognition, and also the, we are telling the public, you know, we are offering the sports car and upstill, and also it's always the multi-powertrain unit strategy. We are able to realize this, you know, taking advantage of the close partnerships, especially with the Geely Group. We have a, have a kind of financial discipline already, so we're on the way of profitability. I think I do not, you know, want to spend all the time for the four pillars, but I would like to say two of them.
One of the is a multi-powertrain agility, you know. For every car, you can also see all the powertrain versions. We are I think we are pretty, you know, have a good mastery on all of them. Given we have the very strong, you know, footprint, you know, for the, for the sports cars, people quite normally they ask me, "If you're already producing so much, you know, so many electrical cars and, kind of high-rise always because of battery, are you still the original Lotus?" Yeah, that's the reason why I think we have the first, yeah, one on the for you to know. I think even no matter what kind of powertrain, no matter what kind of, you know, lifestyle or the sports car, I think we make sure, you know, every Lotus remains the Lotus.
That means, like, symbolized by the lightweight, symbolized by the, you know, aerodynamics, and also our, you know, obsession on the engineering, and also, we fully ask for the driver's engagement. That's the gene. The DNA is for our, every Lotus car has been, you know, offering to the public, to the markets. Reason why we have this kind of updated strategy is because we do this because the cars need it. You know, the market evolves, you know, so evolves. We will evolve along with the market. Lotus itself will remain the Lotus. I think it's a pretty short presentation because as a very tight time project, I still have, like, four minutes left.
I would say, like, along with my own perception, I would say Lotus is a very historical brand. I mean, it's a brand which is able to, you know, survive, you know, and also be able to live through all the hardships. We are trying our best to, you know, make our, you know, DNAs and also Make the transitions, you know, so that, you know, you can see in the years later, I think Lotus may have a much better future and be able to, you know, produce more, you know, modules and cars, you know, the investors and also the end users like. I would like to stop here. I'm very happy to take any questions you may have, you know, remaining time. Thank you so much.