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The Lotus Elise is an open sports car, renowned for its lightweight design and race-capable handling. Conceived in early 1994, and introduced in September of 1995, the Lotus Elise was named after then Lotus Car company Chairman Romano Artioli's granddaughter, Elise. The car has a hand finished glass fibre body shell atop its innovative aluminum extrusion frame that provides a rigid platform for the suspension, while keeping weight and production costs to a minimum.
Although high-tech, it represented affordable cost of ownership for sportscar lovers on a budget who still wanted performance and looks.
The original Elise, called the Series 1 was augmented by a faster edition called the 111S, named after the Lotus type-number of the Elise - M111. The 111S was introduced in early 1999 and contained the VVC engine, rather than the standard Rover 1.8 K-series unit.
In 2000, the 340R limited edition model, based on a Series 1 Elise was introduced. This roofless car was a special edition, limited to only 340 cars being built.
Also in 2000, Lotus introduced the Exige - a hardtop version of the Elise with the 177bhp engine from the 340R.
Announced on October 9th 2000, the Series 2 Elise was a redesigned Series 1 using a slightly modified version of the Series 1 chassis and the same K-series engine with a brand new Lotus-developed ECU. The design of the body paid homage to the still-born M250 project and was the first Lotus to be designed on computer. The Series 2 Elise is built on the same production line created for the Vauxhall VX220/Opel Speedster in a new facility at Hethel. Both cars share many parts including the chassis although they have totally different drivetrains and powerplants.
Slated for a launch in March/April 2004, the Series 2 Exige, based on the Series 2 Elise will come with a Toyota engine, rather than the ageing Rover K-series engine used since 1995 in the Elise.
Lotus has announced that it will be building about a hundred Pininfarina Enjoys for the 2005 model year. It will be based on the K-series from the Elise 135 R.
The Lotus Elise is finally going on sale in the United States in the summer of 2004. Approval for the Elise however required an intervention by the National Highway Traffic Safety Administration (NHTSA) who provided a three-year exemption for the car as it had failed to meet US regulations even after £14 million worth of modifications. The next-generation Elise, due in 2006, will comply with the rules.