Valmet Automotive has signed an agreement with Dutch technology company Lightyear. According to the letter of intent, Valmet will produce the exclusive series of the Lightyear One electric vehicle equipped with integrated solar cells.
Production at Valmet Automotive's car plant in Uusikaupunki, Finland, is scheduled to start in 2022.
The Lightyear One model is a unique vehicle concept whose electric drive is powered by integrated solar cells. In this way, the Dutch company aims to solve the main problems of electric mobility - charging and range. Lightyear recently reached an important technological milestone, achieving a range of 710 km with a prototype of the Lightyear One. Lightyear was founded in 2016 and currently employs more than two hundred people.
The collaboration with Lightyear fits well with Valmet Automotive's concept. The company also focuses on electromobility and sustainability in vehicle production. Valmet Automotive has a comparatively long history in electric mobility and entered series production of electric vehicles back in 2009.
The production order is for a limited, exclusive run of the Lightyear One model. Production will require a new, model-specific assembly line. Production is scheduled to begin in the first half of 2022. Lightyear and Valmet Automotive plan to finalize the contract manufacturing agreement in August.
»Two years ago, we announced our Lightyear One prototype. We are thrilled to have now found a manufacturing partner with whom we will produce this exclusive model,« said Lex Hoefsloot, CEO and co-founder of Lightyear.
»Our experience as an automotive manufacturer, as well as our focus on electric mobility and battery systems, predestine us for processes where mobility needs to be redefined. We are ready to move into new areas in vehicle manufacturing as well and are therefore pleased that Lightyear has chosen us as a production partner,« emphasizes Olaf Bongwald, CEO of Valmet Automotive.
WEKA FACHMEDIEN GmbH