Koenigsegg invests in Lightyear

The union is strong, even between two small manufacturers. This is the case of Lightyear, a Dutch company that will put the first mass-produced solar electric car on the roads, and Koenigsegg, with 20 years of experience in the manufacture of hypercars and advanced technology.

The Swedes have decided to invest in Lightyear, we do not know how much and on what terms. What we do know is that both companies are going to collaborate, share confidential and proprietary information, and reinforce each other. To tell you something more tangible, Koenigsegg technology will be applied to Lightyear 2, which will go into production in late 2024 or early 2025.

The currently only Dutch model, the Lightyear 0, is about to go into series production. It will arrive before the Sono Sion (2023) and will be able to recharge up to 70 km per day with its solar panels, its autonomy being practically double. In return, the price of the Lightyear 0 is five to six times higher than that of the Sono Sion, so technically speaking they are not in competition with each other.

But something different will be the Lightyear 2, a model destined to be produced in higher numbers and with a substantially lower price. The experience gained in developing the Lightyear 0 may also be of benefit to Koenigsegg, which is developing an all-electric hypercar – the Koenigsegg Gemara is a plug-in hybrid.

Both the Sono Sion and the Lightyear 2 introduce an interesting concept to the market, that of electric cars that are not so dependent on the electricity network to move, since the availability of recharging points is still a pending issue, and the energy of the Sol is there to be better used. It is still the most powerful nuclear power plant in the Solar System.

Lightyear

In a couple of years, we will know how this alliance is materializing thanks to the investment of the Swedes. By the way, Koenigsegg received an injection of 150 million euros three years ago from NEVS AB, the company that took over from Saab, and which is financially tied to the mud-footed giant Evergrande. NEVS was going to manufacture the Sono Sion, but in the end, it will be Valmet Automotive who does it in Finland. Yes, Valmet Automotive will also produce the Lightyear.

The post Koenigsegg invests in Lightyear appeared first on Latest Car News.


Latest Car News

Comments

Post a Comment

Popular posts from this blog

New KIA e-Niro already has a price in Spain

Image
A few months after its official presentation, KIA opened the order books for the new e-Niro in Spain. The revamped compact SUV, which now sits on the K3 platform already seen in the latest Hyundai Elantra, is slightly longer (6.5 centimeters) than its predecessor and  debuts a completely revamped exterior and interior design . However, mechanically there are not too many changes. The second-generation KIA e-Niro is equipped with a 204 hp (150 kW) and 255 Nm engine coupled to the front axle, thanks to which it can complete the 0 to 100 km/h in 7.8 seconds. Its battery pack will have a capacity of 64.8 kWh, enough to approve a maximum of  463 km WLTP  (its official consumption is 15.9 kWh/100 km), a minimal improvement compared to the 455 km WLTP achieved by its predecessor which tells us that, despite the use of a new platform, the powertrain is likely to be very similar. As for the load, for the moment it has only been revealed that it  will take 43 minutes to go from 10 to 80%  conn
Read more

Peugeot 508 2023: Revealed with new design

Image
Peugeot has introduced the new 508 and station wagon version 508 SW. The design has become modern, as have the engines. We tell you what you need to know. Peugeot unveiled the new 508 and 508 SW. The mid-life facelift brings not only a new look but also new technology. The Peugeot Sport Engineered version has also been revised, and the alternative to the BMW M340i gets a little more power than before. 2023 Peugeot 508 prices and launch date The new Peugeot 508 will be launched in June this year, with deliveries starting shortly thereafter. The exact pricing has not yet been announced, but we expect it to be more expensive than the current model. The 508 in the standard version will probably cost around 47,000 euros, the station wagon is a bit more expensive. Exterior design The Peugeot 508 has always been a great family car, and this facelift brings it up to date for 2023. The most noticeable change can be seen at the front. The grille has been completely revised and now looks muc
Read more

VW thinks price war in China will lead to many bankruptcies

Image
Ralf Brandstätter, CEO of the Volkswagen Group in China , believes that the electric car market is “overheating”, with high investments and aggressive discounts that could threaten the stability of the sector. In particular, he points out that the pressure to which some manufacturers are subjected could lead to their demise. This situation mainly affects younger brands: according to the manager, many new players will urgently have to seek additional capital investment, or else they will go  bankrupt in the short term .  “We are facing a situation where the market is overheating. The consolidation of the playing field is in full swing. Although without making direct mention of Tesla, Brandstätter  is very critical of the price war that has rocked the Chinese market in recent months .  “Currently, there are more than 120 automakers in the [electric vehicle] market, and around 150 new models will be launched by 2023. Intense competition and high battery prices make them face strong econ
Read more