Serving as the new flagship in the range, the Exige Sport 380 is lighter, more powerful and looks the business.
Under the bonnet is an uprated version of the Toyota-sourced 3.5-litre supercharged V6, producing 280kW (380PS) at 6700rpm and 410Nm of torque at 5000rpm.
0-100km/h takes just 3.7 seconds, on its way to a top speed 286km/h (manual).
The Exige Sport 380 features numerous carbon-fibre components, a revised bodykit and an open-gate gear shift design for manual models.
Filling the arches are 17-inch front and 18-inch rear ultra-light forged alloy wheels, wrapped in 215/45 ZR17 and 265/35 ZR18 Michelin Pilot Sport Cup 2 rubber respectively.
Stopping power comes from AP Racing forged four-piston brake calipers with grooved performance two-piece brake discs.
Thanks to the addition of lighter carbon-fibre components used on the front splitter, rear wing and diffuser surround, the Exige Sport 380 has a kerb weight of just 1110kg (1121kg auto).
For those who want a little extra carbon, the optional Carbon Exterior Pack a one-piece carbon roof panel and carbon louvered tailgate.
Inside, the Exige Sport 380 features carbon-fibre sports seats trimmed in either Alcantara, leather or tartan cloth.
A spokesperson from Lotus Cars Australia told CarAdvice the company's local arm is still in the process of determining local pricing and availability.
In the UK, the Exige Sport 380 retails for 67,900 pounds ($113,829), however the the Exige Sport 350 starts from $134,500 in Australia.
Stay tuned for an update.