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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Leasing provider Arval has reserved 10,000 units of the Lightyear 2 from Dutch solar car start-up Lightyear. The total number of pre-orders for the Lightyear 2 from B2B partners now exceeds 21,000 vehicles.
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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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The Dutch solar car company Lightyear has entered into a development cooperation with the Swedish manufacturer Koenigsegg. The technologies of the company, known for its extremely powerful sports cars, are to be incorporated into the mass-market model Lightyear 2.
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In the Netherlands, the solar car start-up Lightyear is cooperating with The Sharing Group to integrate its vehicles into their car-sharing platform MyWheels. Lightyear is also making its Lightyear One sedan significantly more expensive for private customers.
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The solar car start-up Lightyear has revealed further data on its already announced second model. The new model, with which Lightyear is targeting the mass market and whose production is to begin in 2024 or 2025, will be called Lightyear Two and is to be offered from as little as 30,000 euros.
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