It wants to focus on a follow-up.
at the facility responsible for making the car earlier this month). As for why Lightyear’s decided to halt production, the company is vague — it says it’s faced several challenges over the past several months and that the move is meant to “safeguard our vision.”
Lightyear also says it’s asking the court to begin “suspension of payment proceedings” for the company responsible for making the Lightyear 0; its corporate structure includes a holding company as well as another organization.The Lightyear 0, revealed in 2019, was meant to be a flagship vehicle and could theoretically get up to 44 miles of range by solar power alone, provided by five square meters of panels.
With that said, it’d be hard to tell if 0 really proved itself, given that there were likely only a handful ever built.’s request for comment on what would happen to any already-produced Lightyear 0s or whether its restructuring plan involved layoffs. Another question mark is how the company plans on funding work on the Lightyear 2.
No longer selling almost a thousand hyper-expensive cars will almost certainly require a change in plans. The company says it hopes to “conclude some key investments in the coming weeks in order to scale up to Lightyear 2,” but I have to wonder if this news will affect those plans.
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