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Exhibit 15.4

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Graphic

KPMG Huazhen LLP
12th Floor, Building A
Ping An Finance Centre
280 Minxin Road
Shangcheng District
Hangzhou 310016
China

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Telephone

+86 (571) 2803 8000

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Fax

+86 (571) 2803 8111

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Internet

kpmg.com/cn

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Consent of Independent Registered Public Accounting Firm

We consent to the incorporation by reference in the registration statements (No. 333-285533, No. 333-282217 and No. 333-279108) on Form F-3 and the registration statement (No. 333-279130) on Form S-8 of our report dated April 30, 2025, with respect to the consolidated financial statements of Lotus Technology Inc.

/s/ KPMG Huazhen LLP

Hangzhou, China

April 28, 2026

KPMG Huazhen LLP, a People’s Republic of China
partnership and a member firm of the KPMG global
organisation of independent member firms affiliated with
KPMG International Limited,