Lightyear partially bankrupt

Sunset

Lightyear partially bankrupt

The decision is made. Lightyear is partially bottled. The District Court of East Brabant has declared the operational branch bankrupt.

On Monday it was announced that Lightyear had applied for a deferment of payment for its operational branch: Atlas Technologies. That was, among other things, the department where Lightyear had housed its production. Lightyear now announces that the District Court of East Brabant has declared its operational branch bankrupt.

Lightyear says it regrets the news – how could it be otherwise – for employees, customers, investors and suppliers. The manufacturer says it will work closely with the appointed curator. No more than logical.

What will the future of Lightyear look like? That is still unclear. Lightyear says that it will become clear later whether and how it can go ahead. At the time of writing, Lightyear could not be reached for comment.

Atlas Technologies BV is not the company that owns Lightyear’s intellectual property. That is in the hands of Atlas Technologies Holding BV. This holding is said to house the investments of the Dutch government fund and the Swedish Koenigsegg.

After the 0, Lightyear wanted to build the 2. With an expected price tag of less than €40,000, this is a much more affordable ‘solar car’, for which 40,000 private individuals have already signed up. Companies such as LeasePlan and MyWheels have already ordered more than 20,000 copies.

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– Thanks for information from Autoweek.nl

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