Lotus Eletre: Type 132 electric SUV name confirmed, debuts March 29

Lotus is close to revealing an SUV. Yes, the company famous for lightweight sports cars is expanding into vehicles normally found at the grocery store car park instead of at the track. The move is necessary to boost Lotus’ financial health, and the profits generated should lead to new and better sports cars.

The new SUV, previously referred to by its code name Type 132, will go by the name Eletre, Lotus announced on Sunday. The debut is scheduled for March 29 but we already have a good idea as to what the Eletre will look like: Lotus has provided glimpses of the design in a teaser video, and patent drawings showing the complete design recently surfaced on the website of an Australian registry for intellectual property.