Just weeks after saying a cheaper EV mannequin, it seems just like the enterprise of constructing photo voltaic vehicles proved an excessive amount of for Lightyear and its manufacturing firm, Atlas Technologies. The Dutch firm not too long ago filed paperwork for chapter with a courtroom in Netherlands, Autoblog studies.
Lightyear hit the world stage in 2019 with a quarter-million-dollar, five-door liftback solar-charging Lightyear 1. A manufacturing model quickly adopted known as Lightyear 0 that value €119,000 or about $141,000 in American {dollars}. The 0 featured over a thousand small photo voltaic panels on its exterior that might catch the solar’s vitality to cost the automotive’s 60 kWh battery. Production of the 0 was finally outsourced to a Finnish firm after receiving an order for 946 models, and in November it was constructing only one automotive every week. That quantity was supposed to leap to 5 vehicles every week by mid-2023.
Another, cheaper Lightyear mannequin was debuted at CES in January. The Lightyear 2 had a claimed vary of 500 miles and a beginning worth of simply $45,000, with manufacturing aimed to being in 2025. But with the chapter announcement, the two’s future seems up within the air.
The firm’s future may additionally be up within the air — Lightyear issued a assertion apologizing to these affected by the transfer.
Lightyear regrets having to make this announcement for all workers, clients, buyers and suppliers and can work intently with the curator and all of the people who find themselves concerned and hope for his or her understanding and help. In the approaching interval the trustee will give attention to the place of the workers and collectors in addition to assessing how the Lightyear idea might be continued.
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Despite the sudden chapter announcement, Lightyear may nonetheless have a future on the roads. Lightyear’s holding firm, Atlas Technologies Holding B.V. (not Atlas Technologies, which is the manufacturing firm), is just not a part of the chapter. It owns the mental property of Lightyear autos. So, if it will probably discover a backer with appropriately deep pockets, the vehicles should still discover their method to the roads below the solar, sometime.
Source: jalopnik.com