Lotus could be set for £1.5 BILLION investment

Major player Geely is looking at Lotus and how to get this heritage brand back amongst the big players. Geely, who owns Volvo, Polestar, the London Taxi Company, Lynk & Co, Yuan Cheng Auto and has a 49.9 per cent stake in Proton - now also owns 51 per cent of the British brand after completing a deal last September.

The best news is that they are looking at investing in a production facility in the UK.