Business Chief US and Canada September 2022 | Page 101

PLAY | COVET car ’ s four in-wheel motors set new industry standards for energy efficiency while its recordbreaking drag coefficient of less than 0.19 makes it the most aerodynamic family car to date .
Every design detail has been considered with minimalism and sustainability in mind , from the car ’ s outer panels , made of reclaimed carbon , to the interior , composed entirely of vegan and naturally-sourced materials – with fabrics made from recycled PET bottles and wooden deco elements from sustainably-restructured rattan palm .
Production of the Lightyear 0 begins this autumn with the first car delivered in November , and while 946 will be produced at a cost of € 250,000 , Lightyear ’ s next model is expected to be more accessible at € 30,000 with production set for late 2024 / early 2025 . businesschief . com 101