David Beckham’s firm Lunaz resumes electric vehicle conversions

A company backed by David Beckham that transforms classic cars to run on electricity has begun operating again.
A company backed by David Beckham that transforms classic cars to run on electricity has begun operating again.

A company backed by David Beckham that transforms classic cars to run on electricity has begun operating again.

Introduction: 

Lunaz, a firm renowned for converting classic cars to run on electricity and backed by David Beckham, has resumed operations. 

Based at Silverstone Park in Northamptonshire, Lunaz had halted production in March due to delays in the governmental ban on petrol and diesel vehicles. The company has now announced a new operational structure aimed at sustainable long-term growth.

Operational Halt and Restructuring: 

In March, Lunaz temporarily stopped production, citing delays in the UK government’s ban on petrol and diesel vehicles, which was pushed from 2030 to 2035. 

This delay significantly impacted the firm, particularly its division focused on converting bin lorries to electric power, which subsequently went into administration. During this period, Lunaz undertook a major restructuring to adapt to changing market conditions and ensure the viability of its operations.

Resumption of Conversion Projects: 

With the new structure in place, Lunaz has restarted its conversion projects at Silverstone Park under the Lunaz Design brand. This brand will focus on the electrification of passenger vehicles. 

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Meanwhile, the conversion of commercial vehicles will continue under the Up-cycled Electric Vehicles brand. Lunaz has announced that trials for the first up-cycled and electrified 26-tonne commercial trucks, specifically designed for refuse collection, will commence this summer.

Founding and Expansion: 

Lunaz was established in 2019 by David Lorenz with the initial goal of converting classic cars to electric power. 

The company later expanded its services to include industrial vehicles and trucks. David Beckham, a prominent investor in Lunaz, even commissioned the firm to convert one of his own cars. The company’s vision and Beckham’s support have played crucial roles in its growth and diversification.

Future Prospects: 

David Lorenz, the founder of Lunaz, expressed optimism about the company’s future. 

He highlighted the collaboration with clients and stakeholders to create a sustainable growth structure. Lorenz emphasized that Lunaz is now well-prepared to meet the increasing demand for vehicle electrification services. 

The firm aims to scale its operations in response to legislative moves towards banning internal combustion engine commercial vehicles in major markets.

Conclusion: 

Lunaz’s return to operations marks a significant step forward in the electric vehicle conversion industry. 

With a refined structure and renewed focus, the company is poised to capitalize on the growing demand for electric vehicles, particularly as global markets shift towards sustainable transportation solutions. 

This development underscores Lunaz’s commitment to innovation and its role in driving the electrification of both classic and commercial vehicles.

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Tony Boyce is a seasoned journalist and editor at Sharks Magazine, where his expertise in business and startups journalism shines through his compelling storytelling and in-depth analysis. With 12 years of experience navigating the intricate world of entrepreneurship and business news, Tony has become a trusted voice for readers seeking insights into the latest trends, strategies, and success stories.

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