Lightyear Secures $80M Investment As It Prepares For Solar EV Production via insideevs.com
Lightyear, the solar electric vehicle startup from the Netherlands, has just announced that it has secured an additional €81- / $80.2-million in capital from a consortium comprised of the province of North Brabant and several other regional development agencies, as well as Invest-NL, an investment company based in Amsterdam.
The money will help Lightyear stay on track to begin production of its first model this year and also continue development of its upcoming affordable second model.In the current market environment, our technology has incredible potential for positive societal influence, so I see investments of this caliber as a testament to Lightyear’s product vision.
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