Lotus announced its first all-new product in more than a decade—set to become the first all-electric hypercar from a British manufacturer.

The Type 130 continues the legendary bloodline from Lotus during its 71-year history, which has seen a number of true game-changers introduced from the bUK-ased brand in both motorsport and sportscars.

Type 130 will be the most dynamically accomplished Lotus in our history. It marks a turning point for our brand and is a showcase of what we are capable of and what is to come from Lotus.

—CEO Phil Popham

The all-new car will be revealed later this year.

Some notable Lotus ‘Type’ numbers include:

• Type 14 – World’s first composite monocoque production road car (Elite, 1957)

• Type 25 – World’s first fully-stressed monocoque F1 car, first Lotus to win F1 world championship (1963)

• Type 72 – Most successful F1 car of all time and the blueprint for F1 car design for many years (Championship winner in 1970, ‘72 and’ 73)

• Type 78 – World’s first ‘ground effects’ F1 car (1977)

• Type 88 – World’s first carbon fibre F1 car (1981)

• Type 92 – World’s first active suspension F1 car (1983)

• Type 111 – World’s first aluminum and bonded extrusion construction production car (Elise, 1995)