Atlas Technologies, the operating company responsible for the production of the Lightyear solar cars, has now been declared insolvent by a Dutch court. What will happen to the entire project is now very uncertain.
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The Dutch solar car start-up Lightyear has stopped production of its first model Lightyear 0 and now wants to focus its resources entirely on the second model Lightyear 2. However, there is more behind this step than strategic reorientation.
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Valmet Automotive has started series production of the Lightyear 0 long-distance solar car at its plant in Uusikaupunki, Finland. Initially, however, only one unit per week will be produced. Production is to be gradually ramped up in the first quarter of 2023.
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Valmet Automotive has now completed the first pre-production vehicle of the Lightyear 0 long-range solar car at its plant in Uusikaupunki, Finland. The pre-series is an important step in the planned start of production of the customer vehicles by the end of 2022.
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Lightyear has raised €81Mn in funding to secure the production of the first series model, Lightyear 0. The Dutch start-up also hopes to push ahead with developing its second solar car, the Lightyear 2. The new EV will target the mass market at a price of €30,000 once production begins in 2024 or 2025.
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Three years after it was first unveiled, Dutch start-up Lightyear, which emerged from the TU Eindhoven solar team, has unveiled the final design and specifications of its long-range solar car, renamed Lightyear 0 from Lightyear One.
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