You might have heard of Lunaz. It’s a rapidly growing technology company that upcycles and converts motor vehicles to its proprietary electric powertrain. Today though, it announces a group of strategic investors instead of their latest EV.
Grabbing headlines is David Beckham who’s bought a 10 percent stake in the company. And this isn’t the first time that Beckham’s investment arm has identified and and backed fast-growth start-ups, he’s dug deeper in sectors as diverse as eSports and athletic recovery products.
“Lunaz represents the very best of British ingenuity in both technology and design. I was drawn to the company through their work restoring some of the most beautiful classic cars through upcycling and electrification. David Lorenz and his team of world-class engineers are building something very special and I look forward to being part of their growth”, comments Bechkam.
Bringing to market the world’s first fully-electric Range Rover, Bentley, Rolls-Royce and Jaguar sports cars, Lunaz had gained recognition and attention for bringing beauties of the past to live. The 1961 Bentley Continental Flying Spur by Lunaz was awarded by BBC Top Gear in its ‘Electric Vehicle Awards’ issue. They have been compelled by the answer electrification provides to the key questions of reliability, usability and sustainability that surround classic car ownership. This growth has accelerated as individual and hospitality buyers across the globe rebalance their fleets in response to increasing pressure from legislators to limit the use of high-emissions vehicles in city-centres.