No.
Once the sale of the team to Genii Capital was completed after
the 2010 season and the subsequent agreement with Lotus, the team
applied for a British racing license for the 2011 F1 season. The
team will be known as Lotus Renault GP and is not afflliated with
the F1 team known as Team Lotus that began racing in the 2010
season.
Engines are still manufactured at a Renault plant in France.