A firm backed by David Beckham that converts classic cars to run on electricity has started operating again.
Lunaz, the electric car company backed by David Beckham which collapsed into administration earlier this year, has completed a restructure and restarted production.
Lunaz, based at Silverstone Park in Northamptonshire,
stopped production in March.
It blamed the stoppage on delays in banning the sale of
petrol and diesel vehicles.
The firm said it had a "new structure that lays the
foundations for the long-term sustainable growth of the business".
Lunaz was founded in 2019 by David Lorenz, with the original
aim of converting classic cars to run on electricity, but expanded to include
industrial vehicles and trucks in its programme.
Beckham invested in the firm and commissioned it to convert
one of his cars.
In March, the firm announced it was stopping production
because the government had put back the banning of petrol and diesel vehicles
from 2030 to 2035.
The division of the company that converted bin lorries to
electricity went into administration.
At the time, Lunaz said it was "currently restructuring
to adjust its business and operations in response to shifting market
dynamics".
Now the firm has announced the conversion of passenger
vehicles will restart at Silverstone Park under the Lunaz Design brand.
The conversion of commercial vehicles will continue under
the Up-cycled Electric Vehicles brand, with trials of the first products taking
place this summer.
Lunaz added that the first trials would include the world’s
first fully up-cycled and electrified 26-tonne commercial trucks operating as
refuse collection vehicles.
Mr Lorenz said: "We are delighted to have worked with
our clients and stakeholders to create a new structure that lays the
foundations for the long-term sustainable growth of the business.
"This ensures we are ready to meet immediate demand for
vehicle electrification services and are fit to scale in direct response to
volume requirements as major markets build towards legislative bans on internal
combustion engine commercial vehicles.”