Lotus Cars Malaysia Raises Price Due To Weakening Ringgit

Lotus Cars Malaysia updated its pricing of the fully-electric Eletre Hyper-SUV and the premium Emira sports
car, after taking consideration of the ringgit it said in an official statement sent to the press.

With immediate effect, the suggested retail price for the mid-range Eletre S is now RM698,000 (up from RM648,000), while the range-topping Eletre R now costs RM838,000 (up from RM798,000). Prices listed for the Eletre are applicable in both
Peninsular Malaysia and Langkawi. It said the New pricing for the base Eletre will be announced in due time as this
variant will not be available until at least 2025.

As for the Emira range, the actual retail price of RM1,095,000 (Peninsular Malaysia) and RM509,000 (Langkawi) for the recently introduced four-cylinder Emira i4 First Edition is effective as of 1 September 2023 for new factory orders. Limited units are still available at the introductory price of RM998,800 on a first-come, first-served basis.

Meanwhile, the Emira V6 First Edition now costs RM1,289,000 in Peninsular Malaysia (up from RM1,205,800) and RM529,000 in Langkawi (up from RM478,800). The automatic version of the Emira V6 First Edition now retails at RM1,309,000 in Peninsular Malaysia (up from RM1,225,800) and RM539,000 in Langkawi (up from RM493,800). Prices listed for the Emira are on-the-road, without insurance, with tax for Peninsular Malaysia and without for duty-free Langkawi.

Major car dealers are hiking the price of cars after consideration of the weakening ringgit.

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