Lightyear has partnered with Arval to supply 10,000 units of its solar-powered Lightyear 2 electric vehicle, marking a significant move toward sustainable mobility in Europe.

Information on the Target

Lightyear, a Dutch high-tech company, is at the forefront of sustainable mobility with its innovative solar-powered electric vehicles. Their flagship model, the Lightyear 0, has garnered significant attention in the automotive industry for its use of solar energy, offering a unique solution to environmentally conscious consumers. Recently, Lightyear has signed a pre-order agreement with Arval, which involves an order of 10,000 units of their upcoming mass-market model, the Lightyear 2.

This collaboration positions Lightyear to expand its reach and provide sustainable transportation options to businesses and consumers throughout Europe. With a backlog of over 21,000 units from B2B clients, this partnership signifies solid market demand for solar-electric mobility solutions.

Industry Overview in the Target’s Specific Country

The automotive industry in the Netherlands is experiencing a significant shift toward sustainability, driven by governmental policies aimed at reducing carbon emissions and promoting electric vehicle (EV) adoption. As per EU regulations, the nation