Lightyear’s Operating Company Enters Bankruptcy

  • 📰 AutoweekUSA
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Future of the solar-powered startup is in doubt after production of its first EV has been halted. Here’s what’s going on with this automaker.

, which would have incorporated many technologies from the company's first model, just a few of which are believed to have been produced since early December.

"In the coming period the trustee will focus on the position of the employees and creditors as well as assessing how the Lightyear concept can be continued," the company added. Lightyear saw solar technology as the key to overcoming range anxiety as well as charging expenses, engineering its first model over the course of six years, to generate up to 43 miles of range per day. The sleek sedan, with a drag coefficient of 0.175 Cd, featured a relatively modest 61.2-kWh battery, though promised an overall range of 388 miles in the WLTP cycle.

It remains to be seen whether the company, which had raised quite a bit of cash just before the production start of the $260,000 sedan, will be able to reorganize and attract more investment for its second model, or if another automaker will be willing to come to the rescue. Jay Ramey grew up around very strange European cars, and instead of seeking out something reliable and comfortable for his own personal use he has been drawn to the more adventurous side of the dependability spectrum.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 229. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Lightyear's Operating Company Atlas Technologies Declared BankruptSome Lightyear employees are already preparing for the end of the startup, with several job-seeking posts surfacing on LinkedIn over the past few days. Solar panels on cars just don't make sense. You don't put an oil drilling platform on an ICE car either.
Fonte: InsideEVs - 🏆 579. / 51 Consulte Mais informação »