New York and Singapore, February 23, 2024/Lu Xinshe/-The Global Leaders of Luxury Electric Vehicles, Luttes Technology Co., Ltd. ("Lotus Technology" or "Company") The bell -knocking ceremony was held on the Nasdaq Exchange in New York today to celebrate it to become a listed company.The Lands Technology US Stock Stock ("ADSS") was officially listed on the Nasdaq Securities Market ("Nasdaq") today, and the stock code "LOT".The special purpose acquisition company ("Spac") L Catterton Asia Acquisition Corp ("LCAA"), a special purpose of L Catterton, a world -leading consumer -private investment company, completed its business merger on February 22, 2024.
Luttes Technology successfully landed on Nasdaq
CEO of Luters TechnologyOfficial Feng Qingfeng and members of the L Catterton team gathered in New York to witness the important milestone incident of the company.Successfully landing in Nasdaq will help Luttes Technology under the guidance of Vision80 strategy, accelerate the goal of becoming a leading sustainable development luxury pure electric smart travel provider.
Mr. Feng Qingfeng said: "This is a moment when every Lotus technology employee is extremely excited., Partners, suppliers, our outstanding employees, and the most important users, express their deep gratitude. Be able to take Lotuss long history and inherit the future, and successfully listed on the new chapter of Lotus DevelopmentWe are proud of. "
Mr. Chinta Bhagat, co -CEO of LCAA, said:" We believe that Lutas technology has unique advantages and can fully control the luxurious pure electric vehicle market.Market opportunities fill the gap in the market. We will also cooperate with the strategic partnership with LVMH through deep insights with global consumers and LVMH. Today’s listing has opened a new chapter for the future development of Luttes Technology. We are looking forward to and and.Lands Technologys talented management team cooperates. "Listing on Nasdaq will inject strong driving force into the new generation of automotive technology to develop a new generation of automotive technology to expand global distribution for itThe network provides strong support, and promotes the companys goal of increasing the number of stores around the world from about 200 to more than 300 by 2025.
As the worlds first traditional luxury car brand expected to achieve 100%pure electric vehicle product portfolio in 2027, Luters Technology has launched the launchA series of models with excellent performance and balanced category, including GT, plans to launch two pure tram models in the next two years.
The bell -knocking ceremony was played on the Nasdaq digital large screen in Times Square in New York, and live broadcast online.celebrate.The Lutas brand iconic pure trains -EVija, Electre and EMEYA also appeared at the Times Square outside the Nasdaq Exchange.
