Elaphe Propulsion Technologies Ltd. vs Lightyear
Elaphe Propulsion Technologies Ltd.
On a mission to relieve some of the stress we humans put on our planet through radically changing transportation
70 employees · est. 2003 · Ljubljana, Slovenia
Lightyear
Our mission is to bring clean mobility to everyone, everywhere. We create an ecosystem for automotive solar integration
65 employees · est. 2016 · Venray, The Netherlands
Elaphe Propulsion Technologies Ltd. is the older company (2003 vs 2016).
Side-by-Side Comparison
| Metric | Elaphe Propulsion Technologies Ltd. | Lightyear |
|---|---|---|
| Founded | ||
| Founded | 2003 older | 2016 |
| Headquarters | ||
| Headquarters | Ljubljana, Slovenia | Venray, The Netherlands |
| Employees | ||
| Employees | 70 | 65 |
| Industry | ||
| Industry | Industrial, Manufacturing, Renewable Energy | Energy, Manufacturing, Renewable Energy |
| Funding Stage | ||
| Funding Stage | Series A | Venture round |
| Total Funding | ||
| Total Funding | $15.26M | $191.40M |
| Funding Rounds | ||
| Funding Rounds | 3 | 11 |
| Services | ||
| Services | In-wheel propulsion solutions, Direct-drive technology development, Vehicle traction and motion control system enhancements, Testing and validation of vehicle technologies, Integration of propulsion solutions in vehicles | Design and development of solar charging systems, Integration of solar technology in electric vehicles, Advancement of scalable renewable energy solutions |
| Target Customers | ||
| Target Customers | Automobile manufacturers, Electric vehicle developers, Hybrid vehicle integrators, Automotive researchers, Performance vehicle producers | Automotive manufacturers, Sustainability-focused consumers, Electric vehicle owners, Innovators in clean energy |
| Taxonomy | ||
| Taxonomy | In-wheel MotorsElectric Vehicles (EVs)InnovationDistributed Direct Drive ArchitectureElectric MobilityPrototype Development +5 | Clean MobilityAutomotive Solar IntegrationSustainable MobilityVehicle Integrated Photovoltaics (VIPV)Grid-Independent SolutionsEnergy Efficiency +9 |
| Website | ||
| Website | in-wheel.com | lightyear.one |
About Elaphe Propulsion Technologies Ltd.
Elaphe Propulsion Technologies Ltd., headquartered in Slovenia, has been innovating the automotive industry since its founding in 2003. The company specializes in the development of in-wheel motors for electric vehicles (EVs), positioning itself at the forefront of sustainable transportation solutio...
About Lightyear
Lightyear, founded in 2016 and headquartered in The Netherlands, is pioneering the integration of solar technology into the automotive sector. Their slogan, "Our mission is to bring clean mobility to everyone, everywhere," encapsulates their commitment to developing an ecosystem for automotive solar...
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Compiled from the BounceWatch company index. We last looked at Elaphe Propulsion Technologies Ltd. on 7 Mar 2026, and Lightyear on 2 Jun 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.