Lotus isn't exactly renowned for making an all-new cars once every few years. In fact, it's been 11 years since they revealed anything totally redesigned. If you're curious what that car is, that would be the Evora.

But they're making up for lost time and doing so in a big way. You could even say it's highly ambitious. They will soon be unveiling an all-electric hypercar, and it's not just going to be a concept either. In fact, Lotus is saying that it's now in its advanced stages of development although it actually doesn't have a name yet. So for now, Lotus is calling the EV hypercar the Type 130.

Lotus isn't really telling us much about the car, but what is worth noting is the fact that the are perhaps the first (relatively) big name automaker to come up with such a vehicle. So far, most electric hypercars have come from upstarts, some of which are starting to make a name for themselves such as Rimac. With Lotus' announcement, it seems like they are making a statement that if small car firms can do it, so can established marques.

In fact, the Lotus won't appear to have any direct rivals from from big players once the Type 130 hits series production. So far, other automakers are going for hybrid power with Formula 1 tech. There's Aston Martin with the Valkyrie, Mercedes-AMG One, Lamborghini LB48H, and McLaren Speedtail to name a few. While all mentioned are projected to have at least 1,000 horsepower, all are also still using an internal combustion engine. With the Lotus, it is possible that they could change the hypercar game should the Type 130 prove to be a success with other forcing to play catch up with the British sports car company.

Aside from that, the Type 130 could also be the blueprint of the brand's future direction. Does this mean we could see a future Elise or Exige rocking batteries instead of an engine? Perhaps not now, but the Type 130 could open up that possibility.