light yearsA Dutch startup developing long-range solar-powered cars announced today that it has raised 86 million euros ($85 million) to start producing its first car in the coming months.
Although recent history is Examples are everywhere prototype solar vehicleso far the booming EV movement has been largely limited to cars that need to be plugged into the grid for charging, or hybrid electric vehicles (hybrid car) automatically charges while driving. However, many companies are pushing solar cars to become a mass market reality, such as Germany’s Sonos Motors recently revealed The final production design of its first solar electric vehicle is scheduled to be launched sometime in 2023. And Lightyear, a six-year-old startup, Launched its prototype back in 2019 and before raise more than $100 million.
The introduction of solar charging in the EV race basically solves two problems – drivers don’t have to worry too much about where the nearest charging station is, because the car can constantly charge itself while parked. Drivers can also drive further without being plugged in, with Lightyear promising more than 600 miles on a single charge. Of course, a lot depends on personal driving habits and the time of year, as sunlight is crucial.
Lightyear plans to start production of the Lightyear 0 (previously known as the Lightyear One) car this fall, costing potential buyers up to 250,000 euros. Meanwhile, Lightyear is also already working on a follow-up, the Lightyear 2, its full mass-market model priced at 30,000 euros and expected to enter production in 2025.
Lightyear’s latest cash infusion includes funding from a public consortium that includes investment firm Invest-NL Dutch Ministry of Finance established in 2020as well as private funding from companies such as SHV and Dela.
“In the current market environment, our technology has incredible potential for positive social impact, so I think an investment in this capability is a testament to Lightyear’s product vision,” Lightyear CEO and co-founder Lex Hoefsloot said in a statement. said in a statement. “[Lightyear] Still on track to deliver the world’s first solar-powered car and work toward a more sustainable future. “