After securing more than $16.8 million in investments and nearly 100 reservations for its first model, Dutch startup Lightyear announced it will reveal its first car on June 25 in Katwijk, Netherlands.
- Dutch EV startup set to reveal its first model, imaginatively named “One.”
- Lightyear claims One can charge two to three times faster than other EVs.
- If the company isn’t exaggerating, One will have up to 497 miles in range.
- Production for the Lightyear One is scheduled to begin in 2020
The car is called the Lightyear One. Despite its less-than-aw-inspiring name, the car boasts some impressive figures. Most notably, its range and recharge times — if true — could prove to be most compelling.
Lightyear claims the One will achieve a range between 372 and 497 miles per charge. What’s more, Lightyear boast the One can “charge two or three times faster than any other electric car on the market.” In fact, it asserts a driver can replenish as much as 248 miles of range in a single night of charging — on a standard 120-volt wall outlet.
The One is driven by four in-wheel electric motors, which makes it an all-wheel drive four-seater EV. Putting the motors in the wheels is a design strategy increasingly being implemented by pure-electric vehicle startups. The FUELL Flow e-motorcycle, for example, features an in-wheel motor.
Customers will have to pay a hefty price to own such a quick-charging electric sedan. The first run of Lightyear One, the Signature Edition, starts at a staggering $132,000. And you have to put down the full amount down as a deposit in order to secure your spot.
Production on the Signature Edition, which is limited to 100 units, is slated to begin in 2020 in Helmond, Netherlands. The standard Lightyear One model, for which buyers only have to put down a $4,400 deposit, is expected to be built in late 2021.