Home Supercar News Koenigsegg Koenigsegg Invests in Dutch Solar EV Company Lightyear

Koenigsegg Invests in Dutch Solar EV Company Lightyear

Lightyear

Lightyear Solar EV manufacturer announced Koenigsegg as its latest investor. The latter will join Lightyear in a ‘technology-sharing’ partnership in which both automakers will develop ultra-efficient electric vehicles like Lightyear 2.

Both Koenigsegg and Lightyear develop and produce many of the main systems, subsystems and components used in their vehicle’s in-house. Additionally, Koenigsegg has been adapting this strategy towards electrification in recent years, particularly after selling a 20% stake in the company to National Electric Vehicles Sweden (NEVS) for $171 million.

According to Lightweight, Koenigsegg’s technologies will be used specifically to improve the energy efficiency of the Lightyear 2, which is the company’s more affordable and mass-produced SEV-model scheduled to start production in late 2024 or early 2025.

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