New York, March 13, 2026 – Lotus Technology Inc. (“Lotus Tech” or the “Company“) (Nasdaq: LOT), a leading global intelligent and luxury mobility provider, today announced that the Company has been certified under UN Regulation No. 171, 01 Series (UN R171.01) issued by the United Nations Economic Commission for Europe (UNECE), becoming the second globally operating automaker to achieve this certification.

The Company’s hyper SUV, LOTUS Eletre, jointly developed by Chinese and European engineering teams, is scheduled to roll out its Highway Navigation Pilot (HNP) function in Europe to eligible vehicles via over-the-air (OTA) updates beginning June 2026*.

UN R171, which came into force in September 2024, is the world’s first globally harmonized technical regulation for Level 2 (L2) Driver Control Assistance Systems (DCAS). It establishes standardized technical requirements and testing methodologies for global automakers across four core pillars: functional performance, dynamic control, system boundaries, and human-machine interaction. Certification requires both closed-course validation and real-road driving assessments to ensure that L2 Advanced Driver Assistance Systems (ADAS) operate within defined safety limits while maintaining the driver’s vehicle control.

Eletre has obtained UN R171.01 certification, making it the first and the only China-built model certified under this regulation and equipped with HNP function as of the press date. This milestone marks Lotus Tech's formal alignment with international standards for regulatory compliance and systematic safety governance for ADAS, further solidifying its global leadership position.

Mr. Feng Qingfeng, CEO of Lotus Tech, commented: “Eletre’s UN R171.01 certification marks a significant milestone for Lotus’ end-to-end capabilities in R&D, validation, and adherence to global standards. We remain committed to the highest safety standards, ensuring every ADAS technology undergoes rigorous regulatory and real world scrutiny. Through leading technologies, we will continue delivering safer, more reliable, and smarter mobility experiences to users worldwide.”

The Company’s intelligent parking and ADAS suite, LOTUS For Me (known as Eletre X in Europe), equipped with the Thor U chip, is planned to pursue UN R171 certification in due course. Additional functions will be delivered to eligible vehicles in phases via OTA, in accordance with regional regulations and product roadmaps.

Lotus Tech will continue to advance its ADAS capabilities under the principle of “Safety First, Compliance Priority, Consistent Experience”, focusing on performance enhancements, optimized human-machine interaction, and strengthened system stability.

*Actual availability and rollout timelines may vary by region based on regulatory requirements, vehicle specifications, and official OTA updates.

About Lotus Technology Inc.

Lotus Technology Inc. has operations across the UK, the EU, and China. The Company is dedicated to delivering luxury lifestyle electric vehicles, with a focus on world-class R&D in next-generation automobility technologies such as electrification, digitalization, and more. For more information about Lotus Technology Inc., please visit www.group-lotus.com.

Forward-Looking Statements

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About Lotus

Lotus is a global luxury technology brand built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true innovation, introducing cutting-edge technologies and designs to meet its uncompromising vision of how a car should look, perform and feel. It is made up of a high-performance sports car business, Lotus Cars, and an all-electric luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.