Just days after Lightyear announced it was halting production on its flagship Lightyear 0 model to refocus on its more affordable Lightyear 2, the Dutch solar car companys main subsidiary, Atlas Technologies, has been declared bankrupt.
The subsidiary is the main production company and the employer of Lightyears staff, so the bankruptcy affects 600 workers who are now in limbo as the company searches for a lifeboat.
Reinoud van Oeijen, who has been appointed to oversee the situation has said he will look to restart the business focusing on the more affordable Lightyear 2 model.
Lightyear regrets having to make this announcement for all employees, customers, investors and suppliers and will work closely with the curator and all the peop…
Read the full article at: https://thedriven.io/2023/01/31/dutch-solar-car-company-remains-hopeful-of-revival-after-bankruptcy/