Lightyear 2 waitlist goes live, 500+ mile range solar EV priced below $40K for US customers
Less than a month after kicking off production of its flagship solar EV the 0, Lightyear has begun teasing images of its second, much more affordable model, the Lightyear 2. Following an announcement this morning, Lightyear has opened up its waitlist to pre-order the Lightyear 2, which will be sold in the US, UK, and Europe. It promises to deliver over 500 miles of range on a single charge with the help of our Sun and start at an MSRP below $40,000.
Lightyear is a Dutch solar EV company that we’ve been following for several years, due in part to its bold promises of extended range vehicles with sleek designs, but also at affordable pricing. The startup had long promised to deliver its Lightyear 0 to market, a solar electric sedan that inevitably arrived as the most aerodynamic production car ever made.
We got a chance it take the Lightyear 0 for a spin this past summer and were quite impressed with its design both inside and out. Lightyear began production of 946 planned units this past December at Valmet Automotive in Finland, forever solidifying its place in history as the first to bring a solar EV to market.
Although much of the public’s eye has been on the Lightyear 0 for the past four years, the company has been working behind the scenes to deliver its second model, the Lightyear 2. While its predecessor is a marvel to both the eyes and the spec sheet, it starts at an MSRP of $250,000 and has remained out of reach for most average and perhaps more affluent consumers.
Lightyear has been quite cognizant of this high price point and has urged fans of the company to “hold on.” As an encore to the Lightyear 0, the startup has been promising to deliver the Lightyear 2 in 2025, targeted around $30,000. Flush with new funding this past September, Lightyear relayed that it remained on track to deliver a consumer-friendly solar EV. Now that Lightyear 0 production is underway, it has turned its focus in bringing such a dream vehicle to reality.
I know what you’re thinking. Shaving over $200,000 off a vehicle design feels impossible, and in my multiple interactions with Lightyear co-founder and CEO Lex Hoefsloot this past year, I continued to pepper him with questions about the Lightyear 2 and its extremely alluring affordability, curious how they’ll be able to pull it off. Here’s what he told me in Finland this past December:
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.
Following today’s news, the Lightyear 2 should arrive at a bit higher price than originally promised, but if and when it joins the Lightyear 0 on roads, it has the makings to be a slam dunk in value. Check out some of the first images shared this morning.
Join the waitlist for the $40k Lightyear 2 now
According to a press release from Lightyear early this morning, the official waitlist for the Lightyear 2 is now open on the company website. By joining the waitlist, customers in the US, UK, and EU can remain in the know for updates surrounding the Lightyear 2, including being the first to submit an official pre-order.
Hoefsloot again spoke to the company’s next big step in bringing solar EVs to the masses, soon in markets around the globe:
Lightyear 2 will fast track our mission of delivering clean mobility to everyone, everywhere. This is the first EV that allows consumers to prioritize sustainability, without compromising on practicality. By harnessing the power of the sun, Lightyear 2 elevates the electric driving experience and reduces reliance on strained electricity grids. In fact, while Lightyear 2 vehicles require less charging from the electricity grid than a conventional EV, they also flip the script by providing clean energy back into the grid.
While the company is not sharing many details of the Lightyear 2’s performance just yet, it is promising to deliver over 500 miles (800 km) of range on a single charge, combining its battery power with the free daily energy from the Sun. As you can see in the images above, it fits the same design profile as the Lightyear 0, but in a more compact shape. Still it offers seating for five and the ground clearance of an SUV.
Despite this lack of details available to the public, the company says it already has 21,000 pre-orders of Lightyear 2 from international leasing and ride sharing partners like LeasePlan, MyWheels, Arval and Athlon. According to a spokesperson for the company, the planned mass market volume of Lightyear 2 production should provide enough for both the commercial partners and consumers alike, so those 21k reservations shouldn’t affect customers who pre-order their own personal SEV.
Lightyear is promising an update on its production partner alongside an overall production update. It is also promising to share a full design reveal this coming summer. You can join the Lightyear 2 waitlist here.
Electrek’s Take
If this solar EV makes it to market, I’m in. While there are certainly less expensive EVs available on the market today, $40,000 is definitely a tough price point to get beneath and still sits as a relatively affordable number compared to other models.
This is especially true when you factor in the 500+ mile range and the capability to garner free miles from a ball of gas in the sky. Given that the Lightyear 2 is now being advertised around $40k instead of the originally promised price about $10k less, its clear that Lightyear has a better idea of its final design and supply chain and has faced reality. Even at a higher price, I think under $40k will be quite enticing to consumers, as long as it can stay around that number when production begins in 2025.
One of the things that impressed me most in talking to the team in Spain this past summer with the Lightyear 0 is the technology itself. Lightyear developed much of the tech including solar panels and motors in-house, and now that they’ve mastered it within the 0, they told me they are quite confident that they can scale it efficiently with the Lightyear 2. We as consumers should benefit.
It’s also exciting to see this model coming to the US, setting the stage for a head-to-head battle with California-based solar EV company Aptera. Both companies have been publicly supportive of one another for the good of solar EV adoption, and its exciting to day dream about the possibility of two, long-range range solar EVs becoming available to US consumers.
In visiting the Lightyear 0 assembly line at Valmet Automotive last month, it’s clear that Lightyear will need to significantly ramp up its footprint to support mass production. Whether that means more lines at Valmet or a second production partner is unclear, but the Lightyear is promising a production partner update in the near future.
Trust that I will keep you in the know, and as soon I can get in or near the Lightyear 2, you’ll be the first to see it. Until then.
FTC: We use income earning auto affiliate links. More.
A new study by the Pembina Institute shows that a third of the commercial trucks and vans on Toronto’s roads are ready to electrify today – while nearly half could be electrified by 2030.
A new analysis by the Pembina Institute titled Electrifying Fleet Trucks: A case study estimating potential in the GTHA finds that as many as a third of trucks in the Greater Toronto and Hamilton Area (GTHA) could go electric today, rising to more than half by early 2030s — insulating businesses from rising fuel costs and reducing harmful air pollution that drives up health care costs. What’s more, the report found that battery range and charging access are less of a barrier than expected.
“Real-world travel data from Canadian trucks, collected over summer and winter months, shows that electrification is possible today,” says Chandan Bhardwaj, Senior Analyst at the Pembina Institute. “In fact, with a staggered approach, the GTHA — home to over half the province’s vehicle stock — could reach 50% sales for lighter trucks by 2030, helping offset lower adoption rates for heavier trucks.”
So, what’s holding back electric vehicle adoption? According to the study’s authors, it’s a matter of public policy. But without the right policies in place, the study argues, businesses face unnecessary hurdles in making the switch.
“Our analysis shows that Ontario has a clear path to accelerating the transition to zero-emission trucks — unlocking economic opportunities, improving public health and positioning itself as a leader in clean transportation,” says Adam Thorn, Transportation Director at the Pembina Institute. “With the right policies in place, businesses can reap the benefits of lower costs while the province strengthens its manufacturing sector and energy security.”
We already knew this
If all of this sounds a bit familiar, it’s probably because you’ve heard this before. The California Air Resource Board (CARB) came to very similar conclusions in their report, titled, Determining energy use patterns and battery charging infrastructure for zero-emission heavy-duty vehicles and off-road equipment.
CARB staff believe that several heavy-duty ZE vocational trucks are ready to be electrified because of their low daily mileage demands (<100 mi). Long-haul Class 8 trucks continue to be a challenge to fully electrify because of the long operation range (300+ mi) and on-demand charging need.
In fact, the California study came to almost the exact conclusion that the Toronto study did when examining the heavy-duty Class 7 and 8 EV market. Which is to say: it’s not a question of capability, but a question of availability.
“The availability of on-road heavy-duty ZE trucks has increased in recent years,” reads the report. “But their numbers remain significantly lower than their diesel and natural gas counterparts. As of 2022, an estimated 2,300 on-road ZE medium- and heavy-duty vehicles are operating in California, with the vast majority located in South Coast Air Bassin (Figure 1). On-road heavy-duty ZE transit buses account for the majority of all on-road heavy-duty ZEVs in California, but, as of 2023, sales of ZE heavy-duty trucks and medium-duty step vans have outpaced other vocations, indicating that these vehicles will be more prevalent in fleets in the near future.”
That’s proven to be true, with sales of Class 2 vans and other medium-duty EVs rapidly outpacing the general public’s adoption of EVs as new options became available in 2024, with no signs of slowing down in 2025 (at least, where the right policies are in place).
Here are some of the key takeaways from the Pembina Institute study from the Toronto truck market. Obviously, it won’t directly translate to every city’s truck fleet – but take a look at Toronto’s demographics and some of the key variables involved (truck size, average loads, miles driven, etc.) and you might be surprised at how similar your city and your fleet might be.
- Businesses can save up to 40% of fuel and maintenance costs by switching to electric trucks.
- Electric trucks eliminate tailpipe emissions, cutting harmful air pollution and improve public health.
- Traffic related air pollution in the Greater Toronto and Hamilton Area leads to 700 premature deaths and 2,800 hospitalizations every year, costing health care system $4.6 billion annually.
- Ontario’s Driving Prosperity plan highlights the need for increased electrification, while the City of Toronto is targeting 30% of all registered vehicles to be electric by 2030.
- Governments worldwide are embracing electrification, setting ambitious sales targets for zero-emission vans and trucks.
- By 2030, jurisdictions like Europe, China, California, British Columbia and Quebec aim for about 35% of new truck sales to be zero-emission, ramping up to nearly 100% by 2040.
SOURCES: CARB, Pembina Institute, via Electric Autonomy; featured image by PACCAR.
Your personalized home solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. The best part? You won’t get a single phone call until after you’ve elected to move forward. Get started, hassle-free, by clicking here.
FTC: We use income earning auto affiliate links. More.
Tesla’s former head of artificial intelligence, Andrej Karpathy, who worked on the automaker’s self-driving effort until 2022, warns against believing that self-driving is solved, and fully autonomous vehicles are happening soon.
Karpathy is a very respected leader in the field of artificial intelligence.
In 2017, Musk poached him from OpenAI and he quickly became the head of Tesla’s AI effort, including leading neural nets for Autopilot and Full Self-Driving.
He left Tesla in 2022 and return briefly to OpenAI in 2023 before starting his own in AI education company, Eureka Labs.
The Slovak-Canadian computer scientist is widely regarded as one of the top computer vision experts and he pioneered Tesla’s vision-only approach to self-driving.
Karpathy gave a talk at Y Combinator’s AI Startup School event this week and made some interesting comments about self-driving.
He recounted when a friend working at then Google self-driving company, now Waymo, gave him a ride in a self-driving car in 2013:
We got into this car and we went for an about 30-minute drive around Palo Alto, highways, streets and so on, and that drive was perfect. Zero intervention. And this was 2013. It was about 12 years ago.It kind of struck me because at the time when I had this perfect drive, this perfect demo, I thought “well, self-driving is imminent because this just work. This is incredible.” But here we are, 12 years later, and we are still working on autonomy. We are still working on driving (AI) agents. Even now, we haven’t actually solved the problem.
12 years later, Waymo currently operates over 1,000 vehicles in California, Arizona, and Texas where it completes hundreds of thousands of autonomous rides with paying customers every week, but Karpathy explains that this doesn’t mean autonomy is solved.
He continues:
You may sees Waymos going around and they look driverless, but there’s still a lot of teleoperation and lot of humans in the loop in this driving.
Waymo has confirmed that it uses some teleopeartion, but it’s not clear to what level. It’s clear that it at least communicates commands to the vehicles remotely when they get stuck.
Kaparthy adds:
We still haven’t declared success, but I think it’s definitely going to succeed at this point, but it just took a long time.
The engineer added that “software is tricky” and that he believes that “AI agents”, which is a term often use to describe AIs that can perform tasks for humans, like driving a vehicle, are going to take time. He believes this is not the year of AI agents, but the decade of AI agents.
Here’s the full presentation:
Electrek’s Take
While Kaparthy didn’t name Tesla, the timing of his comments as Tesla is launching its “Robotaxi” service this weekend is interesting.
It certainly contracdits what his former boss, Elon Musk, is saying: that self-driving is solved.
He highlights the fact that humans are still “in the loop” in Waymo’s vehicles, but we recently learn that this is even more true with Tesla’s Robotaxi launch, which involved not only teleoperation like Waymo, but there’s also a Tesla employee in the front passenger seat ready to press a kill switch.
As we have often highlighted in recent weeks, Tesla’s Robotaxi launch is simply a game of optics for Tesla to be able to claim a win in self-driving after years of broken promises and missed deadlines just as Waymo is rapidly expanding its own self-driving services.
I think Kaparthy, who led Tesla’s computer vision effort behind self-driving, knows that has yet to solve the problem and will require human supervision for a while longer.
Based on the best data available, Tesla currently achieves a few hundred miles between critical disengagement with FSD and it needs to get into tends of thousands of miles to achieve a true level 4 autonomous systems.
We are still a few years away from that at best.
FTC: We use income earning auto affiliate links. More.
Senior Israeli officials said this week that their military campaign against Iran could trigger the fall of the regime, an event that would have enormous implications for the global oil market.
The oil market has reacted with remarkable restraint as Israel has bombed the third-largest crude producer in OPEC for eight straight days, with no clear sign the conflict will end anytime soon.
Oil prices are up about 10% since Israel launched its attack on Iran a week ago, but with oil supplies so far undisturbed, both U.S. crude oil and the global benchmark Brent remain below $80 per barrel.
Rising risk
Still, the risk of a supply disruption that triggers a big spike in prices is growing the longer the conflict rages on, according to energy analysts.
President Donald Trump has threatened the life of Iran’s supreme leader Ayatollah Ali Khamenei and is considering helping Israel destroy the Islamic Republic’s nuclear program. For its part, Iran’s leadership is more likely to target regional oil facilities if it feels its very existence is at stake, the analysts said.
Israel’s primary aim is to degrade Iran’s nuclear program, said Scott Modell, CEO of the consulting firm Rapidan Energy Group. But Jerusalem also appears to have a secondary goal of damaging Iran’s security establishment to such an extent that the country’s domestic opposition can rise up against the regime, Modell said.
“They’re not calling it regime change from without, they’re calling it regime change from within,” said Modell, a former CIA officer and Iran expert who served in the Middle East.
Official denial
Prime Minister Benjamin Netanyahu denies that regime change is Israel’s official goal, telling a public broadcaster on Thursday that domestic governance is an internal Iranian decision. But the prime minister ascknowledged Khamenei’s regime could fall as a consequence of the conflict.
Defense Minister Israel Katz on Friday ordered Israel’s military to intensify strikes on Iran with a goal to “destabilize the regime” by attacking the “foundations of its power.” Israel reportedly sought to kill Khamenei in the opening days of its campaign, but Trump vetoed the plan.
There are no signs that the regime in Iran is on the verge of collapse, Modell said.
But further political destabilization in Iran “could lead to significantly higher oil prices sustained over extended periods,” said Natasha Kaneva, head of global commodities research at JPMorgan, in a note to clients this week.
There have been eight cases of regime change in major oil producing countries since 1979, according to JPMorgan. Oil prices spiked 76% on average at their peak in the wake of these changes, before pulling back to stabilize at a price about 30% higher compared to pre-crisis levels, according to the bank.
For example, oil prices nearly tripled from mid-1979 to mid-1980 after the Iranian revolution deposed the Shah and brought the Islamic Republic to power, according to JPMorgan. That triggered a worldwide economic recession.
More recently, the revolution in Libya that overthrew Muammar Gaddafi jolted oil prices from $93 per barrel in January 2011 to $130 per barrel by April that year, according to JPMorgan. That price spike coincided with the European debt crisis and nearly caused a global recession, according to the bank.
Bigger than Libya
Regime change in Iran would have a much bigger impact on the global oil market than the 2011 revolution in Libya because Iran is far bigger producer, Modell said.
“We would need to see some strong indicators that the state is coming to a halt, that regime change is starting to look real before the market would really start pricing in three plus million barrels a day going offline,” Modell said.
If the regime in Iran believes it is facing an existential crisis, it could use its stockpile of short-range missiles to target energy facilities in the region and oil tankers in the Persian Gulf, said Helima Croft, head of global commodity strategy at RBC Capital Markets.
Tehran could also try to mine the Strait of Hormuz, the narrow body of water between Iran and Oman through which about 20% of the world’s oil flows, Croft said.
“We’re already getting reports that Iran is jamming ship transponders very, very aggressively,” Croft told CNBC’s “Fast Money” on Wednesday. QatarEnergy and the Greek Shipping Ministry have already warned their vessels to avoid the strait as much as possible, Croft said.
“These are not calm waters even though we have not had missiles flying in the straits,” she said.
Greater than even odds
Rapidan sees a 70% chance the U.S. will join Israeli airstrikes against Iran’s nuclear facilities. Oil prices would probably rally $4 to $6 per barrel if Iran’s key uranium enrichment facility at Fordow is hit, Modell said. Iran will likely respond in a limited fashion to ensure the regime’s survival, he said.
But there is also a 30% risk of Iran disrupting energy supplies by retaliating against infrastructure in the Gulf or vessels in the Strait of Hormuz, according to Rapidan. Oil prices could surge above $100 per barrel if Iran fully mobilizes to disrupt shipping in the strait, according to the firm.
“They could disrupt, in our view, shipping through Hormuz by a lot longer than the market thinks,” said Bob Bob McNally, Rapidan’s founder and former energy advisor to President George W. Bush.
Shipping could be interrupted for weeks or months, McNally said, rather than the oil market’s view that the United States Fifth Fleet, based in Bahrain, would resolve the situation in hours or days.
“It would not be a cakewalk,” he said.
-
Sports3 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports1 year agoStory injured on diving stop, exits Red Sox game
-
Sports2 years agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Sports2 years agoButton battles heat exhaustion in NASCAR debut
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike