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Lotus Awarded Regional Growth Fund from British Government

Lotus might not be the world's largest automaker, but that hasn't stopped them from outlining a large expansion plan at the Paris Motor Show last year. Since then, the British automaker has reached out to the U.K. government for capital from the Regional Growth Fund, which is intended to help boost the country's economy.

The first bid that Lotus put in for ?27.5-million ($45-million) was a bit too high, and…

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