Lotus and Alpine Cancel Their Joint Electric Sports Car Project

Lotus and Alpine have halted work on their joint electric sports car project, Automotive News Europe reported on Monday.

The companies had signed a memorandum of understanding back in 2021 to build a new, lightweight electric sports car together. The new vehicle would feature technology from both firms, and serve as the replacement to the internal-combustion (and fantastic) Alpine A110.

"Today’s announcement is the first step in what is set to be a hugely rewarding collaboration between our iconic brands," former Lotus CEO Phil Popham said in a statement at the time. "We are proud to be working with Groupe Renault in this collaboration—sharing Lotus’ technical expertise and abilities, and leveraging our long track record of successful collaborations. Our companies have much in common—from a pioneering pedigree in light-weighting, to championship-winning sports cars which perform as impressively on the road as they do in the motorsports arena. It is a natural fit in many ways and the co-development of an EV sports car is hugely exciting for our companies, our fans and customers around the world."