Sweden
Luvly is a pioneering player in the Manufacturing and Automotive sector, headquartered in Sweden, with a strong focus on Energy Efficiency. Since its founding in 2015, it has been on a mission to revolutionize sustainable transportation through its innovative lightweight production technologies.
The company's core technology enables OEMs to develop a variety of Light Urban Vehicles (LUVs) that are both sustainable and affordable. It leverages innovative materials and processes to reduce resource use, ensuring production costs remain competitive—even against used cars under 10,000 EUR.
The modular design not only ensures high safety standards but also underscores recyclable and energy-efficient possibilities, making Luvly a compelling prospect for reducing automotive emissions globally. Its scalable business model supports compliance across different markets, allowing rapid production and deployment of eco-friendly vehicles.
Recent investment by Sörmlandsfonden in a Seed Round on 14 September 2022 signifies confidence in Luvly’s potential to democratize access to sustainable vehicles.
