David Beckham invests in UK vehicle electrification firm Lunaz

The company restores, upcycles and converts classic cars to electric powertrains

Published: June 03, 2021 13:00 Sony Thomas, Senior Editor

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David Beckham has joined the vehicle electrification company, Lunaz, as an investor. Through his investment arm, the footballer has taken a 10 per cent stake in the company. Image Credit: Supplied

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Lunaz is a Silverstone, UK-based technology company that restores, upcycles and converts classic motor vehicles to its proprietary electric powertrain. Image Credit: Supplied

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Following this injection of capital, Lunaz has announced ambitious plans to grow its upcycling and electrification of industrial vehicles on a mass global scale. Lunaz will begin with industrial HGV vehicles including refuse trucks, of which 80 million currently exist in the UK, EU and USA alone. Image Credit: Supplied

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“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,” said David Beckham. Image Credit: Supplied

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The firm says by 2030 when internal combustion engine bans in major markets come into effect, more than 2 billion conventionally powered vehicles will exist on the planet. According to the company, remanufacturing, upcycling and electrification can prevent a large proportion of these vehicles from being scrapped. Image Credit: Supplied

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The company’s vehicle electrification work has so far helped further the legacies of the most celebrated classic cars in history. Bringing to market the world’s first fully-electric Range Rover, Bentley, Rolls-Royce and Jaguar sports cars through its Lunaz Design brand. Image Credit: Supplied

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This 1961 Bentley Continental Flying Spur by Lunaz was awarded by BBC Top Gear in its ‘Electric Vehicle Awards’ issue. Image Credit: Supplied

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