Lunaz is expanding at a massive rate.
The automotive industry is scrambling to get more EVs on the roads, spending billions on expanding charging networks, and on improving current battery tech. Manufacturers like Lucid are pushing the limits of what we thought was possible with electric vehicles such as the Lucid Air Dream Edition that can go for over 500 miles on a single charge, but there's one thing that the EV revolution simply can't capture: soul. Enter Lunaz, one of the UK's fastest-growing clean-tech companies, and the name responsible for converting classic cars into amazing retro EV machines.
Back in June 2021, we reported that soccer star David Beckham had purchased ten percent of the company, and now the company is announcing an increase in production and a larger workforce as demand for its products surges.
The company is best known for building ultra-exclusive classic EVs, including Land Rover Range Rovers and Rolls-Royce Phantoms with price tags that far exceed their modern counterparts. The company operates out of a facility in Silverstone in the UK, and plans to increase its output to 110 restored and electrified vehicles per year, which represents a 50 percent increase in productivity. The growth in output will also be accompanied by the establishment of Britain's largest remanufacturing and electrification facility with a total production space of 130,000 sq/ft over two sites. David Lorenz, Founder and CEO of Lunaz Group attributes this significant expansion to a growing demand for EVs on a global scale.
"Surging global demand for an electrified and remastered classic car by Lunaz is affirmation that clients are responding to a proposition that preserves the most celebrated cars in British automotive history while answering the pressing global requirement to transition to more sustainable practices. We are proud to introduce an entirely new and conscious audience to the pleasures of classic car ownership by answering the key questions of reliability, usability and sustainability. We are delighted to further the legacies of these beautiful vehicles in greater numbers in doing so creating highly skilled jobs and economic impact," he said.
Despite recent hardships experienced across the globe caused by the pandemic, the rich have seemingly escaped the economic crunch, and sales of luxury cars have never been higher. This plays perfectly into the hands of companies such as Lunaz, where the price of a restored Range Rover starts at £290,000 ($394,000), and £950,000 ($1.29 million) for an Aston Martin DB6 . The company focuses on British classics such as the Bentley Continental S1, S2 and S3, Jaguar XK120, 140 and 150, and Rolls-Royce Cloud, Phantom, and Aston Martin DB6.
Since opening its order books in 2020, the Lunaz workforce has grown by 500 percent, and its orders for 2022 and 2023 have already been filled. As long as capitalism is thriving, so too shall companies like Lunaz. Bravo.