Lotus Elite boasts a hybrid V-8

Lotus shows pictures of its new Elite model, which it will unveil at the Paris Motor Show.

Lotus Elite
Although it doesn't go into production until 2014, Lotus shows off the Elite at the 2010 Paris Motor Show. Lotus

For weeks, Lotus has been teasing us about the cars, and the new direction for the company, that it intends to unveil at the Paris Motor Show. Today Lotus unveiled the Elite, a new model that will be on display in concept form.

The Elite is a GT-type car with 2+2 seating, continuing a trend within the company to go bigger. The Elite is almost a foot longer than the Evora, the company's newest 2+2.

Lotus styling is clearly evident in the body of the Elite, and it will embody Lotus values of light weight and superb handling. It will also feature a retractable hard top.

The car's V-8 engine sits in front of the cabin, although Lotus refers to it as a front-mid position, a placement designed to distribute weight evenly to all four wheels. This power train uses a KERS hybrid system, a kinetic energy recovery system that feeds electricity to motors in the transmission. Lotus expects the Elite to hit 60 mph in 3.5 to 3.7 seconds.

The car won't go into production until 2014, with a projected price tag of £115,000, equal to about $178,000 at today's exchange rates.

Lotus Elite
Lotus Elite

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