Lightyear and Arval join forces on sustainable mobility

Dutch high-tech company Lightyear, which is producing the world’s first solar-powered electric car, Lightyear 0, has signed a pre-order agreement with Arval, Europe’s first full service multibrand vehicle leasing company.  
Lightyear and Arval join forces on sustainable mobility
Courtesy of Lightyear.

The pre-order consists of 10,000 units of Lightyear 2, Lightyear’s accessible mass-market model. It means that the company will have a new go-to mobility partner for corporate clients and consumers to experience solar-electric mobility in Arval’s key markets in Europe. The grand total of Lightyear 2 pre-orders from B2B partners now exceeds 21,000 units, corresponding to a revenue of nearly 840 million euros. The news comes one week after Lightyear opened the Lightyear 2 waitlist for consumers to get priority in the pre-order process later this year.

Both Arval and Lightyear have mutual ambitions towards sustainable mobility, with a partnership that aims to support Lightyear’s entry not only into the European market with customer experience events in 2023/24, but also on an international level.

“Lightyear's technology is proven, affordable, and environmentally friendly, making a great addition to our fleet” said Alain van Groenendael, Chairman and CEO of Arval. “Our ambition is to lease 700,000 electrified vehicles as part of our global fleet by 2025, and we look forward to welcoming 10,000 Lightyear 2 cars, that help us to reach that goal and more importantly, further support our customers with an optimal solution that answers their energy transition needs and the infrastructure challenge in Europe.”

Lightyear 2 promises to address the consumers’ need for convenient clean mobility solutions, with a solar roof and hood enabling the car to double its range to more than 800 km per charge and overall three times less charging than a conventional electric vehicle, all of this at a price point of below 40,000 euros. After Lightyear has proven the viability of a solar electric vehicle by producing its first model, Lightyear 0, in limited production numbers, Lightyear 2 is the company’s next step towards making clean mobility available for everyone, everywhere.

“This solar powered electric vehicle comes to the UK market at the right time, when our customers have already adopted around 30,000 electric vehicles” said Arval UK Managing Director, Lakshmi Moorthy. “Its range extending technology and affordable price will further accelerate the shift to sustainable mobility for fleets and individuals alike.”

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