The Lotus Emira, introduced in 2021, is a mid-engine sports car and the last internal combustion engine model from Lotus before transitioning to electric vehicles. Production began in 2022, with Lotus targeting an initial run of several thousand units, though exact figures remain undisclosed as production continues. The Emira is offered with two engine options: a 2.0-liter turbocharged four-cylinder from AMG, producing 360 horsepower, and a 3.5-liter supercharged V6, delivering up to 400 horsepower. Performance highlights include a 0-60 mph time of around 4.3 seconds for the V6 variant and a top speed of 180 mph.

For exotic car collectors, the Emira holds significance as Lotus's final ICE sports car, potentially increasing its future rarity and value. The limited-run "First Edition" models, launched in 2022 with bespoke styling and enhanced features, are particularly sought after. While current market values hover around $75,000 to $100,000 depending on configuration, long-term appreciation is speculated due to its historical context. The car's lightweight design, weighing under 3,100 pounds, and its focus on driver engagement further appeal to enthusiasts seeking a pure analog driving experience in a modern package.