Lightyear is pleased to announce that we will continue our mission by setting up a new company fully focused on Lightyear 2, the affordable solar electric vehicle available for a wider audience.
Lightyear founder, Lex Hoefsloot: ´This is great news. All involved worked relentlessly to secure the continuation of our mission. We kept the interests of all stakeholders at heart during this process. We realize that the impact on our employees, investors, clients and suppliers is significant, but we tried to find the best way forward for everyone.´
Through continuous support and efforts from our loyal investor community, Lightyear was able to raise enough money to create a solid capital base for our new company. We want to thank the Individual Investors Group (IIG) for their commitment and trust in our mission. This foundation gives us the opportunity to further work on the concept and raise the additional capital required to start producing the Lightyear 2.