Solar-powered carmakers Lightyear raises $81M and gears up for production.
Lightyear , a Dutch startup developing a long-range hybrid solar-powered car, today announced that it has raised €81 million ($81 million) as it prepares to begin production of its first vehicle in the coming months. While recent history is littered with examples of prototype solar-powered vehicles, the burgeoning electric car movement has so far been mostly limited to automobiles that need to be plugged into the grid to charge, or hybrid electric vehicles (HEV) that self-charge while driving. A number of companies are pushing to make solar-powered cars a mass-market reality, however, such as Germany’s Sono Motors which recently revealed the final production design of its inaugural solar electric vehicle, scheduled to launch some time in 2023. And Lightyear, a six-year-old startup that debuted its prototype back in 2019, which had previously raised more than $100 million in funding. Driving change Introducing solar-charging to the electric v...