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2024 Lotus Eletre Electric SUV Priced Starting under $85,000

2024 lotus eletre
2024 Lotus Eletre EV SUV to Start under $85,000Lotus Cars
  • Lotus has revealed more information and specs about its upcoming Eletre electric SUV, at least for the Europe market.

  • There will be three trim levels, all with the same 112.0-kWh battery pack and all-wheel drive via twin motors and making 603 or 905 hp, depending on model.

  • There's no U.S. pricing for the 2024 Lotus Eletre electric SUV yet, but the range for Europe is the equivalent of $84,500 to $113,000.

When Lotus first showed its forthcoming electric SUV, the Eletre, earlier this year, its official announcement raised as many questions as it provided answers. But now we have more details, including performance details and European pricing, alongside images of the finished version.


Lotus has confirmed there will be three versions of the Eletre, with S and R versions positioned above the base car. All will use a 112.0-kWh battery pack and feature all-wheel drive through twin motors. The entry-level and S models will have a total system output of 602 horsepower and 523 pound-feet from a pair of equally powered motors, one at each end. The R swaps out the rear 301-hp motor for a much more potent 603-hp unit featuring a two-speed gearbox similar in principle to the one in the Porsche Taycan 4S and Turbo. The R's peak output is 905 horsepower accompanied by 726 pound-feet, which Lotus claims will make it the fastest dual-motor EV SUV in the world.

2024 lotus eletre
Lotus Cars

None will be slow. The less powerful driveline has a claimed zero-to-62-mph time of 4.5 seconds and a top speed of 160 mph. The R drops that 62-mph figure to just 2.9 seconds and increases the top speed to 165 mph, although experiencing that even briefly will doubtless have a detrimental effect on range.

Range Estimate: Up to 373 Miles