Lightyear halts production of its €250K solar EV to focus on its cheaper model #GeekLeap

Netherlands-based photo voltaic EV maker Lightyear has introduced that it’s freezing manufacturing of its flagship mannequin, the Lightyear 0 — lower than three months after going into manufacturing. As a part of a “strategic restructuring,” the corporate will now deal with making the Lightyear 2, priced at round €40,000. That is anticipated to enter manufacturing in late 2025.

The corporate’s journey has been an extended and spectacular one. From a scholar staff at a photo voltaic automobile competitors, Lightyear reworked right into a startup in 2016, and shortly mapped itself on the automotive map with the Lightyear 0. The photo voltaic EV featured some stirring in-house tech, promising to be a sport changer in a distinct segment market. It additionally got here with a prohibitive price ticket: €250,000.

lightyear 0