Just six years after what began as a solar vehicle competition among students, Lightyear has reached a watershed moment in clean mobility. Today, the company officially kicked off the start of production for the Lightyear 0 solar EV at Valmet Automotive in Uusikaupunki, Finland, and we were fortunate enough to be the only US media outlet in attendance. Today not only proves that solar EVs are possible, but also scalable, kicking off an even more sustainable echelon of zero-emission mobility.
For those of you who are not yet aware, Lightyear began as a group of engineering students competing as Solar Team Eindhoven, capturing four world championships together. The team’s early success in solar mobility would fortify the roots that would eventually sprout into Lightyear – a startup determined to bring a commercial, street-legal version of a solar EV to the world.
Since then, Lightyear’s flagship SEV has seen a name change with the launch of its production version, following well-documented performance and efficiency testing. After following the startup’s progress since 2017, we finally got the opportunity to drive the Lightyear 0 this past summer, and it did not disappoint. Neither did the technology within the solar EV itself, developed in-house by the Lightyear team – a group of individuals that work hard, have fun, and “just simply get it” when it comes to the future of clean mobility.
In 2021, Lightyear announced its solar EV would be assembled by Valmet Automotive in Finland – a contract manufacturer with over 50 years of experience building vehicles for nearly every legacy automaker at one point or another. Since 2009, Valmet has had the foresight to begin shifting its manufacturing to support electrification, and even built the short-lived Fisker Karma way back when.
In taking CATL on as a shareholder in 2017, Valmet Automotive has significantly bolstered its EV battery manufacturing while simultaneously supporting solar EV production for startups like Lightyear and most recently, Sono Motors.
I trekked from sunny Los Angeles to Helsinki by way of Paris, followed by a two-plus-hour car ride up to frigid Uusikaupunki to attend today’s opening ceremony, and was happy to do so (I got to try reindeer mousse for the first time, so there’s that).
Today not only marks the start of production for Lightyear, but delivers a proof of concept for scalable solar EV technology one would hope goes widespread as the most sustainable form of automotive travel to date.
Lightyear 0 begins production as a segue into the future
Lightyear cofounder and CEO Lex Hoefsloot said it best in front of a crowd of journalists, dignitaries, and employees gathered around a stage mere footsteps from the startup’s new dedicated assembly line:
This start of production moment is both a beginning and an end. The end of the chapter we started back in 2016, and it’s the beginning of true solar mobility. It’s an achievement in the automotive industry like never before. And while we may be the first, it’s my sincere hope, and belief, that we won’t be the last.
In speaking with Hoefsloot this past summer in Spain versus today, following the start of Lightyear 0 production, a huge weight appears to have been lifted off his shoulders. In speaking with him, he shared a similar sentiment, explaining that the previous six years of telling everyone “please just trust me” are over, and the company he helped found now has a state-of-the-art assembly line that will soon crank out viable, deliverable solar EVs to do the talking for it. I asked him what today meant for him personally:
So there’s two momentous milestones today. One is proving that it’s possible, and second is proving that it’s scalable. It took so many people to get to this point. Thousands of people that stuck out their necks to get us to where we are today that we need to be grateful for. Because all of their friends said, “What the hell are you doing, guys? A solar car company?” Everyone that stuck with us to this point, that’s who I’m thinking about at a moment like this.
Teamwork and collaboration are a key pillars in the startup that evolved from a group solar project, but those founding principles stem beyond Lightyear itself. Hoefsloot made a point to thank several of the company’s collaborators beyond Valmet, including Bridgestone, MyWheels, and Koenigsegg, which is helping design future solar EVs, like the company’s model, currently donned the Lightyear 2.
I pointed this out when I spoke to Hoefsloot in June, but his support for solar EVs extends well beyond those donning the Lightyear badge, but to the startup’s competitors as well:
I also want to recognize and welcome the great strides our competitors have taken. We are proud of the achievements of Aptera, Lucid, and Sono, who share our dedication to clean mobility. In fact, let me correct myself. We do not have competitors. Actually, we are all pioneers, striving for the same outcomes to have a positive, lasting impact on our planet.
I asked Hoefsloot why he specifically mentioned Lucid Motors along with fellow solar EV startups like Aptera and Sono Motors. He explained that he admires the strides Lucid is making in efficiency. The formula for successful solar cars is not just aerodynamics, but also efficiency. Lucid excels in both categories but still can’t hold a candle to Lightyear’s 0.175 drag coefficient – currently the most aerodynamic production vehicle ever made.
Lightyear 2 update
Lastly, I had to ask about the Lightyear 2, which is scheduled to arrive in 2025 in both the EU and US, at a targeted starting price of around $30,000 – a significantly lower MSRP compared to the €250,000 starting price for the 946 Lightyear 0’s that will be built now that production is officially underway.
According to Hoefsloot, Lightyear will offer some form of an update for its second model at CES in Las Vegas this January, followed by a full design reveal next summer. He went on:
I think people will be amazed actually, by what is possible in high volume, because of course, the question we get the most, for good reason is “how the hell guys, do you get it from 250K (euros) to 30K?” What people underestimate about Lightyear 0 is that we focused so much on picking the technologies that are fundamentally scalable. That’s also puzzling to people why we can do it, but we’re really confident we can get to that price point.
A bunch of us will be at CES this year and will for sure be in attendance to hear more news about the Lightyear 2. Until then, check out the production process of the Lightyear 0 here in Finland with Valmet.
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Trump’s Interior Department halted construction on 704 megawatt (MW) Revolution Wind, the US’s first multi-state offshore wind project that’s already 80% complete. Grid operator ISO New England says the decision is a threat to the grid.
ISO New England released a statement responding to the stop-work order, warning that “delaying the project will increase risks to reliability.”:
As demand for electricity grows, New England must maintain and add to its energy infrastructure. Unpredictable risks and threats to resources – regardless of technology – that have made significant capital investments, secured necessary permits, and are close to completion will stifle future investments, increase costs to consumers, and undermine the power grid’s reliability and the region’s economy now and in the future.
Revolution Wind, a joint development between Ørsted and BlackRock’s Global Infrastructure Partners, is a 65-turbine project capable of powering around 350,000 homes in Rhode Island and Connecticut once it’s complete. It was expected to come online next year. The project has created more than 1,200 jobs.
On August 22, the director of Bureau of Ocean Energy Management sent a vague letter to Ørsted commanding it to halt all activities on the fully permitted Revolution Wind, citing “national security interests,” yet providing no details.
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BOEM’s Record of Decision for Revolution Wind, reported in 2023 in Section 4.6, page 185, states that the national security effects of the project would be “negligible and avoidable.”
This latest move echoes Trump’s cancellation in April of New York’s $5 billion Empire Wind 1 project, which was already under construction off New York’s coast. No viable reasons were given for that stop-work order either, and the cancellation was reversed in May.
Kit Kennedy, managing director for power at Natural Resources Defense Council (NRDC), released the following statement in response to the Revolution Wind order:
The Trump administration’s war on the electricity needed to power the grid continues on all fronts. Halting Revolution Wind is a devastating attack on workers, on electricity customers, and on the investment climate in the US.
New England homeowners will feel this when they tear open their electricity bills and look at the surging costs of keeping the lights on.
This administration has it exactly backwards. It’s trying to prop up clunky, polluting coal plants while doing all it can to halt the fastest growing energy sources of the future – solar and wind power.
It makes no sense to say we have an energy emergency and then make decisions like this. Unfortunately, every American is paying the price for these misguided actions.
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Tesla is teasing a new product release on Friday, August 29th, coming to Europe and the Middle East. It’s likely going to be the Model Y Performance.
On X today, Tesla has teased an upcoming product release coming this friday.
The post is cryptic. It only mentions ‘spoiler alert’ and the date August 29 with what looks like a close up of a vehicle with what appears to be a spoil – hence the “spoiler alert” reference:
There are main suspect is the Model Y Performance due to the spoiler reference.
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Since the Model Y refresh in January, Tesla stopped selling the Model Y Performance. It is due to launch the top performance version under the new design.
When Tesla released the Model 3 refresh in 2024, it took about 4 months for Tesla to launch the new performance version.
Electrek’s Take
The only thing that I find strange with this likely being the Model Y Performance is the fact that they tweeted this from the Europe and Middle East account.
It would be strange for the Model Y Performance to launch there first, but who knows. Maybe Tesla started production at Gigafactory Berlin first.
I don’t think this will have a major impact on Tesla’s business. The Model Y Performance is the least popular version of the best-selling Model Y.
We don’t have the full mix of sales, but I wouldn’t be suprised if it represents less than 10% of Tesla’s Model Y deliveries.
The Model 3 Performance is probably a more popular option within the Model 3 lineup as it is a lot more fun to drive.
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The GV60 Magma will have a distinct look and feel compared to other Genesis vehicles. As the first EV from its new performance sub-brand, the Genesis GV60 Magma will debut with enhanced power, advanced suspension, a sporty new design, and more. For the first time, it was caught on video racing around the Nürburgring, giving us our closest look yet.
Genesis GV60 Magma EV flexes new style at Nürburgring
Magma is “the brand’s expansion into the realm of high-performance vehicles,” Genesis boasted. Among the first vehicles to earn a Magma upgrade is the GV60.
Genesis fine-tuned the electric crossover SUV, giving it a wider and lower stance for improved control. The larger lower air intake contributes to the aggressive new look, while also serving to cool the batteries and motor, both of which have been upgraded for enhanced performance.
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Earlier this year, we got a good look at the GV60 Magma during winter testing in Europe. Although you could see a few new design features, it was mostly covered in camo.
Genesis GV60 Magma testing with other Magma vehicles (Source: Genesis)
After it was recently spotted with less camo at the Nürburgring race track in Germany, we are getting an even better idea of what to expect when it arrives.
The video from CarSpyMedia shows the Genesis GV60 Magma EV with a production body and minimal camouflage.
You can see the high-performance vehicle flexing its power and handling as it rips around the track. Like other Hyundai Motor performance EVs, including the new IONIQ 6 N, you can expect the Genesis GV60 Magma to deliver over 600 horsepower, if not closer to 700.
The current Genesis GV60 Performance delivers up to 429 horsepower and 516 lb-ft of torque, good for a 0 to 60 mph sprint in 3.7 seconds.
Horsepower
0 to 60 mph (seconds)
Starting Price
Genesis GV60 Performance
429
3.7
$69,900
Genesis GV60 Magma
?
?
?
Porsche Taycan
402
4.5
$99,400
Porsche Taycan Turbo GT (with Weissach Package)
1,092
2.1
$230,000
Tesla Model S Plaid
1,020
1.99
$89,990
Genesis GV60 Magma vs Porsche Taycan vs Tesla Model S Plaid
Genesis will launch the GV60 Magma EV later this year in Korea, followed by the US, Europe, and other global markets. We will learn prices and final specs closer to launch, but given the Performance models start at $69,900, you can expect a higher starting price tag, likely closer to $75,000.
At that it would be significantly less than the Porsche Taycan Turbo and Tesla Model S Plaid. Will it match the performance?
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