Lightyear halts production of high-end model to develop more affordable Lightyear 2

Dutch high-tech company Lightyear announced on Monday that it will stop production of the Lightyear 0 solar electric car. The company has decided to redirect its attention to the development and release of the more affordable Lightyear 2 solar EV, set …

Lightyear receives €81 million in investments from public consortium led by Invest-NL

Lightyear, Dutch startup developing a long-range solar electric car, announced on Tuesday that it has secured €81M in additional capital as it prepares to begin production of its first vehicle in the coming months. The investment comes from public cons…

Lightyear raises €93 million to bring its ‘solar’ electric car to market in 2024

Lightyear, the high-tech company developing the world’s first long-range solar car, is has raised $110 million (€93 million) in funding in 2021 to date. These funds are used for the further development and production of Lightyear One and for the expans…

Lightyear gathers another $62 million

The Dutch solar electric car start-up Lightyear has raised further capital from investors. Having already closed the company’s largest financing round to date in March 2021 with 48 million US dollars, investments have now risen to a total of 110 million US dollars this year thanks to further backers. Lightyear says it has reached the […]