The Technology company Lightyear from Helmond (the Netherlands) has secured two new partners with BOM Brabant Ventures and Sioux Technologies. Lightyear develops electric cars with an energy-efficient design and integrated solar panels. Depending on the weather conditions, drivers can drive up to twenty thousand kilometers per year using sunlight. The Lightyear launch is scheduled for the end of 2021. According to the parties, the company has the potential to become a key business for the regional manufacturing industry. Last year, Lightyear launched its first on-road prototype, the Lightyear One.
Founded in 2016, Lightyear currently employs more than 100 people. The team is made up of a mix of young talent and people with experience in the automotive industry, some of whom are former employees of Tesla and Ferrari. In less than three years, the company has raised more than €30 million in funding in the form of reservations, investments, and grants.
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