In an replace launched on Monday, the Dutch EV startup mentioned it made the choice to be able to redirect its focus and assets to the extra reasonably priced, larger quantity 2 hatchback proven earlier this month.
The corporate additionally talked about the necessity for a court docket to begin “suspension of cost proceedings” in relation to Atlas Applied sciences, a subsidiary firm chargeable for manufacturing of the 0. The transfer could allude to some type of monetary hardship additionally being a key issue behind the choice.
“The entire means of creating Lightyear 0 has offered our firm many precious learnings over the previous years,” Lex Hoefsloot, Lightyear’s CEO and co-founder, mentioned in an announcement. “We are actually redirecting all our vitality towards constructing Lightyear 2 to be able to make it out there to shoppers on schedule.”
Lightyear 0 manufacturing at Valmet Automotive in Finland
Lightyear has beforehand mentioned the two will debut in the summertime and begin deliveries round 2025. The corporate has additionally confirmed a beginning value of lower than 40,000 euros (roughly $43,450). The 0 was priced from 250,000 euros ($271,575). It is not clear if any automobiles have been really delivered.
In its newest replace, Lightyear mentioned the two was developed alongside the 0, which factors to the automotive already being at a late stage of improvement. Just like the 0, the two will function photo voltaic panels and in-wheel hub motors.
Lightyear additionally mentioned 40,000 people have joined a waitlist for extra info on the two, and 20,000 pre-orders have already been made by fleet prospects.
Manufacturing of the 0 was dealt with by Finland’s Valmet, the contract producer that at one time constructed the Fisker Karma extended-range EV. Lightyear hasn’t mentioned the place it plans to construct the two.