The Lotus Elise is a two-seat, rear-wheel drive, mid-engined roadster conceived in early 1994 and released in September 1996 by the British manufacturer Lotus Cars. The Elise has a fibreglass body shell atop its bonded extruded aluminium chassis that provides a rigid platform for the suspension, while keeping weight and production costs to a minimum. It is capable of speeds up to 240 km/h (150 mph).[5] The Elise was named after Elisa, the granddaughter of Romano Artioli who was chairman of Lotus and Bugatti at the time of the car's launch.[6]