The British government will sponsor the project, according to which Lotus will create an entirely new platform for the sports electric car.
The platform will be co-built by Sarginsons, an aluminum component company, and a team of scientists from the Brunel University of London.
Lotus was selected to carry out the project through a competitive selection process. While no technical details have been announced, the company said that a whole line of sports cars creat on the new chassis. All of them will become more affordable than the predecessor Lotus Evija.