MASHINIi

Lotus Technology Inc..

LOT.US | Manufacture of motor vehicles

Lotus Technology Inc. focuses on the design, development, and sale of high-performance, all-electric vehicles. The company operates primarily in the premium electric vehicle market, emphasizing innovation, advanced technology, and a luxury driving experience. Lotus Technology leverages its engineeri...Show More

Ethical Profile

Mixed.

Lotus Technology Inc. faces transparency concerns regarding worker respect; its 2022 ESG report noted 16.6% employee turnover and one work-related injury but omitted key metrics like living wage or pay equity. Similarly, while privacy policies ensure user data control and SSL-encrypted payments, specific cybersecurity investment details or certifications for mentioned compliance testing (HIPAA, GDPR) are not comprehensively disclosed. Environmentally, the company targets carbon neutrality across its value chain by 2038, utilizing 100% renewable energy in selected offices and photovoltaic energy at its factory. Emeya vehicles are reportedly over 91.4% material recyclable. However, 2022 emissions were 22,135.1 tCO₂e (including 19,531.1 tCO₂e Scope 3) and water consumption 257,522.5 m³. Critics point to the distant 2038 target and lack of aggressive short-term reduction goals.

Value Scores

Better Health for All-20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect20
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

-20

Lotus Technology Inc.'s core products are all-electric vehicles, which inherently reduce air pollution and contribute to public health. The Eletre model monitors in-cabin carbon dioxide, PM2.5, air humidity, and other pollutants, providing direct health benefits to occupants.

1
The company has no revenue from products with direct negative health impacts. The Eletre is designed to meet global five-star crash safety requirements, is equipped with an intelligent anti-roll control system, and restricts over 200 categories of potentially harmful substances.
2
Wuhan Lotus Cars Co., Ltd. obtained ISO 26262: 2018 Automotive Functional Safety ASIL D Product Certification and passed several EU and UN regulatory safety tests.
3
However, the company reported 1 work-related injury and 2 lost days in 2022, and 0 fatalities.
4
The company's luxury vehicles are not accessible to low-income or marginalized populations, making 'price_accessibility' and 'vulnerable_reach' not applicable. While Lotus Tech identifies climate change risks under the TCFD framework and has established risk management measures,
5
there is no evidence of public disclosure or marketing about the health risks and benefits of its products. The company has acquired 193 patent authorizations and 386 patent applications as of December 31, 2022, and operates 5 R&D centers,
6
but no specific percentage of R&D budget is allocated to improving health outcomes or accessibility. Lotus Tech aims for carbon neutrality by 2038,
7
and its Eletre model reduces CO2 emissions by over 200 kg per 150,000 km,
8
but there is no evidence of direct positive health externalities from its operations. The company has diversity goals and provides assistance with school enrollment for employees' children,
9
but these are not health equity programs for external vulnerable populations. Lotus Tech provides social insurance, commercial insurance, supplementary medical insurance, quarterly benefits, holiday benefits, birthday benefits, physical examinations, and mental health services for its employees.
10
In 2023, it established care incentive funds for employees and their families.
11
Lotus Tech has an information security management system grounded in ISO/IEC 27001, and Wuhan Lotus Technology Co., Ltd. has secured ISO/IEC 27001 certification and passed EU R155 and R156 certifications.
12
In 2022, there were 0 complaints concerning information security, data security, or privacy protection incidents.
13
The company provides mental health services for employees, including dedicated health consulting positions and employee assistance programs.
14
Lotus Tech sponsors university teams and provides technical guidance,
15
but this is not public health education. The company's products do not have addiction potential.

Fair Money & Economic Opportunity

0

No evidence available to assess Lotus Technology Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

20

In 2022, Lotus Technology Inc. reported one work-related injury, resulting in two lost days, and zero fatalities.

1
Based on 2,913 full-time employees, this translates to a TRIR of approximately 0.033 per 200,000 hours.
2
The company's employee turnover rate in 2022 was 16.6%.
3
For the 2022 reporting period, no substantiated labor-law or human-rights violations were reported, and there were no incidents of discrimination.
4

Fair Trade & Ethical Sourcing

0

No quantitative data was provided in the articles for any of the Fair Trade & Ethical Sourcing KPIs.

1
The company's 2022, 2023, and 2024 ESG reports, along with its Supplier Code of Conduct, mention commitments to a sustainable supply chain, supplier management, evaluation measures, and training.
2
However, these documents do not include specific metrics for fair trade certification share, audit frequency, forced or child labor incidents, traceability coverage, remediation speed, ethical clause coverage, materials risk index, or supplier diversity spend.
3

Honest & Fair Business

0

No evidence available to assess Lotus Technology Inc. on Honest & Fair Business.

Kind to Animals

0

The company manufactures electric vehicles, and the provided articles focus on environmental sustainability, carbon neutrality, and material minimization. While there are mentions of 'Nature Positive' initiatives and participation in global sustainability frameworks like the UN Global Compact, there is no specific evidence regarding animal welfare practices, animal testing, the use of animal-derived materials, or investments in animal-free alternatives in their products or supply chain.

1
2
Therefore, no KPIs under the 'Kind to Animals' value can be scored based on the available information.

No War, No Weapons

0

No evidence available to assess Lotus Technology Inc. on No War, No Weapons.

Planet-Friendly Business

-40

In 2022, Lotus Technology Inc. reported total Scope 1, 2, and 3 greenhouse gas emissions of 22,135.1 tCO₂e.

1
The company has set a carbon neutrality target across its entire value chain by 2038.
2
For 2022, the company reported zero environmental compliance violations. The Lotus Global Smart Factory and selected offices use 100% renewable energy, and the company's manufacturing and operational water consumption in 2022 was 257,522.5 m³.
3
The company recycled 269.5 tons of waste in 2022, from a total of 689.3 tons of hazardous and non-hazardous waste discharged.
4
Lotus Tech's Shanghai office received Gold LEED ID+C certification, and the Lotus Global Smart Factory received national-level "Green Factory" recognition in China.
5

Respect for Cultures & Communities

0

No evidence available to assess Lotus Technology Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

Lotus Technology Inc. has not been involved in any cybersecurity review investigations, nor has it received official inquiries, notices, warnings, or sanctions regarding cybersecurity from PRC authorities as of March 2025, covering a period of over three years.

1
The company encrypts data during transmission, uses computer safeguards like firewalls and data encryption, and encrypts payment transactions using SSL technology.
2
There are no documented incidents of unauthorized data use.
3
Users have rights to access, data portability, object to processing, erasure, restrict processing, withdraw consent, and rectification of their data, and can complain to the data protection regulator.
4
The company considers data protection from the initial stages of service design.
5
It aims to remove personal information it does not need and retains personal information for as long as considered necessary for its purpose.
6
The company regularly monitors systems for possible vulnerabilities and attacks and conducts penetration testing.
7
Lotus Technology Inc. aims to comply with the Personal Data Protection Act (PDPA) and is subject to complex and evolving cybersecurity, data security, and data privacy laws in mainland China, including network data security review for activities that may affect national security.
8

Zero Waste & Sustainable Products

0

No evidence available to assess Lotus Technology Inc. on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.