Around the world carmakers are u-turning on their plans to go big – or even all-in – on EVs, and Lotus is no different. The Geely-owned brand is developing hybrid versions of its Emeya sedan and Eletre SUV, but until they arrive, dealers have to focus on finding homes for the electric versions. And they’re offering huge discounts.

The UK’s Autotrader website currently has 15 brand new, unregistered examples of Lotus’s Porsche Taycan rival up for sale at prices that’ll bring tears to the eyes of anyone who paid full price for one of the EVs when they first became available in 2024.

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Most of the really crazy deals are on the flagship Emeya R, whose 905 hp (918 PS / 675 kW) bi-motor setup gets the emissions-free sedan to 62 mph (100 km/h) in less than 2.8 seconds. The biggest saving we could find was on a Kaimi Grey car at Endeavour Lotus West London. Originally priced at £140,105 ($189,330), it’s now up for £89,950 ($121,550). That’s a 40 percent (£50,155 /$67,900) haircut.

Not far away in Hatfield, another dealer has two new Rs price well below list, one of them promising a £43,755 ($59,130) saving. And a couple of hours away to the north east of the capital, Endeavour Lotus Colchester has a cut the price of another four Emeya Rs by similar amounts.

New Car, But An Old Badge

Technically, the R is an obsolete model, Lotus having now switched up its base, S, R grade structure for 600 and 900 names that reference the power outputs. But the powertrains themselves are carried over unchanged, so these heavily discounted Rs we’ve found look great value next to a new £129,990 ($175,660) 900 Sport or £139,990 ($189,180) 900 Carbon.

And if you’re determined to have your Emeya in the current trim, dealers are offering some healthy savings on those too, including £15,000 ($20,300) off a brand new 603 hp (612 PS / 450 kW) Emeya 600 GT, which should cost £95,000 ($128,400) with options.

Hybrids This Year

Lotus is working on a hybrid Emeya, which is expected to match the spec of the bizarrely-named Lotus For Me, the new Chinese-market petrol-electric version of Lotus’s new Eletre SUV. Combining a 2.0-liter combustion engine, twin-motor 900-volt electrical system and a 70 kWh battery, the Eletre hybrid makes 939 hp (952 PS / 700 kW), and should arrive in Western markets – minus the silly name – this year. the Emeya hybrid shouldn’t ber far behind.

Would these big savings tempt you into an Emeya, would you rather wait for the hybrid, or skip the Anglo-Chinese Taycan rival altogether?

Endeavour Lotus/Autotrader UK