Celebrity David Beckham is investing in Lunaz, a UK based electric car conversion company, which will see some classics remain road legal as climate activists gradually erase petrol and diesel cars from the roads.
Lunaz have a simple idea; replace petrol engines with electric motors and batteries which means wealthy classic car owners will still be able to partake of classic events, London-Brighton runs, Concours shows etc. Beckham can see the money-making potential as many classic cars may also require braking, suspension and chassis mods to to a battery pack power unit.
“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.”
David Beckham, Investor, Lunaz
HNW BROKERS TAKE NOTE: EV CLASSICS ARE THE FUTURE
High Net Worth insurance brokers can seize opportunities like these, since classic cars are often worth over 70K each and the conversion work itself might require extra insurance for transport and workshop time. Lunaz are specialising in Aston Martin, Bentley, E-Type Jaguars, Ferrari etc – not Morris Minors or MG Midgets.
Bringing to market the world’s first fully-electric Range Rover, Bentley, Rolls-Royce and Jaguar sports cars through its Lunaz Design brand. It did this to much global customer and critical acclaim. The 1961 Bentley Continental Flying Spur by Lunaz won an award from BBC Top Gear magazine in its ‘Electric Vehicle Awards’ issue.
Since Lunaz started production of its first cars in 2019 it has drawn an entirely new generation to some of the most revered marques in history. 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. Yes, even wedding cars are going electric – they will have to, simply to gain access to city centre wedding venues.
The company is headquartered in Silverstone, Britain’s advanced automotive technology heartland. It is the fastest-growing and now largest company by manufacturing space and employees within the Silverstone Technology Cluster.