Lightyear stops production on $270K solar-powered EV
hanging over consumers like a dark cloud and EV startups struggling to get vehicles off the assembly line, throwing money into an extremely expensive model just doesn't make good business sense.
The Lightyear 0 was always intended as a technology demonstrator to be produced in limited quantities. In a press release, Lightyear said it has had to overcome"many challenges" in order to make its vehicles a reality. The company didn't specify what challenges, but said in order to safeguard its vision, the Lightyear 0 needed to die so the Lightyear 2 could thrive.
"We are now redirecting all our energy towards building Lightyear 2 in order to make it available to clients on schedule," said Lightyear's CEO and co-founder Lex Hoefsloot in a statement. Lightyear opened the waitlist for Lightyear 2, a five-seater hatchback with a promised range of 500 miles per charge, earlier this month at CES. The company hasn't shared many details on the car, but already the Lightyear 2 has over 40,000 reservations from individual buyers and about 20,000 pre-orders from fleet owners like international
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