Info
Info

Lightyear confirms plans for a more affordable EV

News

Lightyear confirmed plans to develop a more affordable model of its solar powered car. The company confirms this bold step is taken to increase its impact.

Info

The company will focus on technology development, while establishing strategic partnerships towards a significant scale-up in the production of its cars.

Lightyear remains committed to its mission to make clean mobility accessible for everyone, everywhere. The company will move up the placement of a more affordable model on the market. To achieve this, Lightyear will focus on core technology development while outsourcing production; through the establishment of key partnerships.

By scaling up its core technology Lightyear expects to be ready to start high volume production of more than 100,000 cars per year around 2023. The projected sales price can be as sharp as €50,000 ($55,500) on these future models. This ambitious goal is in line with Lightyear's mission: it is a company founded to generate a positive impact through technology innovation.

“We are convinced that this is the path to accelerate our scale, live up to our full impact and take our responsibility: Clean mobility for everyone, everywhere,” said Lex Hoefsloot, CEO Lightyear.

Lightyear will integrate its core technologies into Lightyear One, the world's first long-range solar car. Lightyear remains committed to start production in 2021, with an exclusive series of 946 vehicles, a fraction of a lightyear, which will serve as a platform to showcase the maturity of Lightyear's innovative technology on a commercial scale.

In 2020, Lightyear's focus will be directed at the development of its core technologies that make Lightyear One an ultra-efficient solar car and ensuring that they have reached the right maturity to ensure Lightyear's competitive edge.

“Such a leap in efficiency is only possible by going back to a blank piece of paper and working on some core technology. We are creating a revolutionary product and will validate our concept in 2020 by showcasing our mature core technologies at work in a Lightyear One platform demonstrator,” said Arjo van der Ham, CTO of Lightyear.

Lightyear is currently in the midst of an investment round to prepare for the exclusive series production. The Lightyear platform and the exclusive series will then serve as the foundation to attract the investment needed for its 2023 scale-up.


The Latest News, Brought To You By
Lightyear confirms plans for a more affordable EV
Modified on Tuesday 14th January 2020
Find all articles related to:
Lightyear confirms plans for a more affordable EV
TaaS Technology Magazine
Info
2020 Honda Clarity Plug-In Hybrid Arriving At Dealerships Across The US
General Motors Appoints Dane Parker As Chief Sustainability Officer
StreetScooter Provides Electric Vans And Charging Infrastructure For Amazon
GKN And Delta Electronics Collaborate To Accelerate Development Of Next-gen EDrive Technology
Production Version Of The Lucid Air To Debut In April
BMW Expands Its Range Of Mild Hybrids
FCA In Discussion With IPhone Manufacturer Foxconn To Manufacture EVs In China
Norwegian Wholesaler ASKO Puts Hydrogen Powered Scania Tucks On The Road
PowerCell’s Chinese Subsidiary Receives Its First Order
Fengsheng Automobile Technology Group Releases Its First Production EV Model
ElringKlinger Joins Hydrogen Council
LS Power Completes Acquisition Of EVgo
SGL Carbon Receives Substantial Order For Composite Battery Enclosures
Ford Invests €42 Million In Valencia For New Hybrid Models And Battery Assembly Operations
IONITY Announces New Pricing Structure
Autonomous Shuttle Olli Deployed In Turin, Italy
BYD ADL Enviro200EV Take To The Streets Of Glasgow
Canadian Tire To Host One Of The Largest EV Fast Charging Networks In Canada
Tesla Developing New Model To Meet Requirements Of Its Chinese Customers
MITRE Unveils Laboratory Focused On Autonomous Technology
Trials Involving Wireless Charging For Electric Taxis To Commence In Nottingham
Mercedes Me Charge Offers Convenient Charging And Transparency When Making Payment
Citroën Launches New Brand Signature For Its Electrified Vehicles
Ford Deploys Robots To Help Commercial Vehicle Customers With Warehousing And Deliveries
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}