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2024 Lotus Eletre price and specs: Electric SUV to start from $239,000

The first-ever Lotus SUV will be the brand’s most-expensive vehicle ever sold in Australia when it arrives in 2024.


  • 2024 Lotus Eletre pricing and specifications
  • Three variants on offer – Eletre, S and R
  • Flagship Eletre R boasts 675kW/985Nm outputs, less than three seconds from 0-100km/h
  • Priced from $239,000 plus on-road costs

Australian pricing and specifications for the 2024 Lotus Eletre have been confirmed, with the electric SUV now on sale as the Chinese-owned British car-maker’s most expensive model ever sold locally.

Revealed in March 2022, Lotus' electric SUV is due in Australia during the second quarter of 2024 (April to June inclusive) – priced from $239,000 plus on-road costs in its ‘base’ Eletre guise. 

While Eletre’s self-titled variant isn’t the most expensive Lotus to be sold in Australian showrooms – the Esprit Sport 300 was priced from $261,867 plus on-road costs in 1995 – the better-equipped Eletre S and Eletre R take that honour, starting from $269,000 and $315,000, respectively.

The Lotus Eletre and Eletre S variants are powered by two electric motors which develop up to 450kW and 710Nm, allowing the electric car to sprint from zero to 100km/h in a claimed 4.5 seconds, reaching a top speed of 258km/h.

Lotus claims its flagship Eletre R is the fastest dual-motor electric SUV in the world, with outputs of 675kW/985Nm (the more powerful 761kW Tesla Model X Plaid has three motors) – boasting a 0-100km/h time of 2.95 seconds and a top speed of 265km/h.

All three variants are powered by a 112kWh battery pack – delivering a claimed WLTP test cycle driving range of up to 600km for Eletre and Eletre S grades on 20-inch wheels, or 490km for the Eletre R.

Standard equipment on the Lotus Eletre includes 22-inch 10-spoke forged wheels, active air suspension, torque vectoring, matrix LED headlights, an active front grille and five drive modes.

Lotus offers five wheel designs for the Eletre, ranging from 20 to 23 inches in diameter depending on specification.

Inside, the Eletre’s cabin is equipped with wireless smartphone charging, 12-way electrically-adjustable front seats, four-zone automatic climate control, Apple CarPlay, Android Auto and a 1380-watt, 15-speaker KEF sound system – controlled through a 15.1-inch OLED touchscreen.

The Eletre S adds upgrades such as privacy glass, an active rear spoiler, adjustable ambient lighting, illuminated side sills, a soft-close door, auto-dimming side mirrors, an air quality system and a 2160-watt, 23-speaker KEF Reference sound system.

Lotus’ range-topping Eletre R includes ‘Track Mode’ (lowering the ride height and stiffening its dampers/anti-roll bars), a Lotus dynamic handling pack, carbon-fibre pack, gloss black wheels, stainless steel sports pedals, black badging and high-performance tyres.

According to Lotus Australia, the first examples of the Eletre will arrive across its local dealer network from October 2023 for prospective customers to test drive the electric SUV.

Customers can also configure their Eletre on the Lotus Australia website by clicking here.

The Lotus Eletre will be sold in Australia with a five-year/150,000km vehicle warranty, an eight-year/200,000km high voltage part warranty (covering its battery, motor and power management system), a 12-year/unlimited-kilometre body perforation corrosion warranty and a five-year warranty for its paint finish.

Order books for the Lotus Eletre are now open ahead of the electric SUV’s arrival between April and June 2024.

2024 Lotus Eletre Australian pricing

  • Eletre – $239,000
  • Eletre S – $269,000
  • Eletre R – $315,000

Note: All prices above exclude on-road costs.


2024 Lotus Eletre standard features:

  • 22-inch 10-spoke forged wheels
  • Six-piston brake calipers
  • Active air suspension
  • Torque vectoring
  • Matrix LED headlights
  • Active front grille
  • 12-way electrically-adjustable front seats
  • Four-way power-adjustable steering column (with memory)
  • 12.6-inch digital instrument display
  • 12.6-inch digital passenger display
  • 15.1-inch OLED infotainment touchscreen with 5G and over-the-air updates
  • Wireless and wired Apple CarPlay/Android Auto
  • DAB digital radio
  • Satellite navigation
  • 1380-watt 15-speaker KEF sound system
  • 29.0-inch (effective size) augmented reality head-up display
  • Autonomous emergency braking
  • Speed sign recognition
  • Lane-keeping assist
  • Highway assist
  • Intelligent adaptive cruise control 
  • Highway assist 
  • Traffic sign information
  • Door open warning
  • Front and rear cross traffic Alert 
  • Lane change assist
  • Life detection and care
  • Lane keep aid with lane departure warning/prevention
  • Parking emergency brake
  • Collision mitigation support rear
  • Emergency rescue call

2024 Lotus Eletre S adds (over Eletre):

  • Privacy glass
  • Active rear spoiler
  • Adjustable ambient lighting
  • Illuminated side sills
  • Soft-close doors
  • Auto-dimming side mirrors
  • Air quality system
  • 2160-watt 23-speaker KEF Reference sound system

2024 Lotus Eletre R adds (over Eletre S):

  • 'Track Mode’
  • Lotus dynamic handling pack
  • Carbon-fibre pack
  • Gloss black wheels
  • Stainless steel sports pedals
  • Black badging
  • High-performance tyres
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Jordan Mulach

Jordan Mulach is Canberra/Ngunnawal born, currently residing in Brisbane/Turrbal. Joining the Drive team in 2022, Jordan has previously worked for Auto Action, MotorsportM8, The Supercars Collective and TouringCarTimes, WhichCar, Wheels, Motor and Street Machine. Jordan is a self-described iRacing addict and can be found on weekends either behind the wheel of his Octavia RS or swearing at his ZH Fairlane.

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