Lightyear, the Dutch solar EV maker that was declared insolvent at the beginning of the year, is getting back to work developing the mass-market Lightyear 2 model after successfully going through a restructuring process.
The Netherlands-based company is better known for the radical, $250,000 Lightyear 0 solar car that briefly made it into production for a couple of weeks at the end of last year before declaring bankruptcy in January of 2023.
Now however, the company says it has raised enough capital to continue working on its second model, the much more affordable Lightyear 2, which is supposed to have a starting price of around $40,000 in the United States.
“I am very happy that we managed to complete the restructuring, which we belie…
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