EV startup Lightyear has announced a letter of intent with agreement maker Valmet Automotive as a production husband or wife of its forthcoming Lightyear A person solar electrical auto (SEV). By way of this new partnership, prototypes of the Lightyear 1 will be constructed in January 2022, with an exclusive series output to stick to in the summer.
Lightyear is a Netherlands-based mostly EV startup specializing in SEVs. We have coated the automaker because its inception and continue on to adhere to it as it moves at any time nearer to delivering its first SEV, the Lightyear One particular.
From really early on, the startup has promised an outstanding range of 450 miles on a solitary demand in the Lightyear One particular, garnering some early skepticism from the general public as a startup with limited prototypes.
Not to be discouraged, Lightyear has considering that collected substantial rounds of funding and even partnered with massive automotive names like Bridgestone for custom tires on the Lightyear Just one. Most recently, Lightyear shipped 441 miles of steady vary on a 60 kWh battery pack, collecting about 3.5 added kWh from its solar panels.
As the Lightyear has its specific range in its sights, it seems to manufacture its upcoming prototype just before reaching a limited production run of the Lightyear One following calendar year, all with the assist of Valmet Automotive.
Lightyear One particular to be created by Valmet
In a press release right now, Lightyear shared its letter of intent to perform with Valmet Automotive as a output partner in producing the approaching Lightyear One SEV.
Valmet Automotive is a agreement company with above 50 years of experience with higher-end automotive brands like Mercedes-Benz, Saab (RIP), and Porsche, and has been building and developing electrical autos for the final 10 years.
Just after more than a yr of searching, Lightyear believes it has found its output husband or wife in Valmet because of to its expertise with EV generation. Lex Hoefsloot, CEO and co-founder of Lightyear elaborates:
Two yrs back, we introduced our prototype Lightyear Just one. We are really fired up to have located a output associate with whom we will manufacture this special product. Valmet Automotive is a wonderful husband or wife, has a effectively-founded keep track of file and about a decade of knowledge in EV creation. It is also a very good cultural in shape with our business. We are proud that we will shortly understand the actual production of Lightyear Just one with Valmet Automotive.
In addition to manufacturing vehicles and several elements, Valmet also has its very own battery manufacturing line in Finland and has invested heavily in additional engineering and tests abilities for EV powertrains. The company’s CEO Olaf Bongwald speaks about the new arrangement:
Our knowledge as a auto producer, as nicely as our concentrate on electric mobility and battery units make us predestined for processes in which mobility should be redefined. We are prepared to enter new places also in manufacturing cars and trucks and are thus pleased that Lightyear has picked us as their generation husband or wife.
As earlier outlined, the Lightyear A single will see new prototypes out of Finland this January, in advance of Valmet starts producing a sequence production of 946 Lightyear One particular SEVs subsequent summertime. You can check out the complete announcement online video from Lightyear underneath:
An additional huge action for Lightyear as it moves ever nearer to (restricted) creation on the Lightyear 1, this is quite quick progress for an EV startup paving its possess path by integrating photo voltaic systems into its EVs.
While the community could have understandably scoffed at the 450-mile vary Lightyear was promising when it hit the EV scene a several many years back, its most recent monitor exam received them inside of 9 miles of this mark with the possible to much exceed with a minimal extra support from our sunshine.
By deciding on Valmet, Lightyear will be able to take a look at the producing method with its subsequent prototype prior to practically 1,000 Lightyear One particular SEVs hit assembly traces in the summer time.
Lightyear has earlier shared options for its up coming SEV to be a mass-sector design, so if the generation of the Lightyear A person goes effortlessly with Valmet, it could see an further agreement for the automaker’s up coming car as very well.
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