According to Lunaz, a company that specialises in restoring historic British automobiles and replacing their engines with electric motors, the industry is flourishing.
The demand for electric Rolls-Royce, Bentley, Aston Martin, Range Rover, and Jaguar vehicles has been so strong that the order books for 2022 and 2023 have already been closed. To meet demand, the company has increased its employment by 500% in the last year.
Lunaz, whose investors include former soccer player David Beckham, is expanding its offices in Silverstone, England in which 110 vehicles can be restored, re-engineered, and electrified each year. In comparison to 2020, this figure has increased by 53%.
In order to cope with what Lunaz sees as “substantial” sales across Europe, the United States, and Asia Pacific, the restoration and electrification plant will extend its footprint by 400 percent in 2022.
New generation of purchasers is drawn to its electrified antique automobiles. These women and men had previously reduced the idea of owning a blue-chip classic because to concerns about reliability, usability, and long-term viability. These problems as a totally up-cycled, clean-air representation of a vintage car, making classic car ownership a viable proposition for future generations.
Unsurprisingly, these automobiles are not inexpensive. An electric classic Range Rover starts at US$ 395,000 including local taxes for a Lunaz car. Restorations of Bentley Continentals and Rolls-Royce Silver Clouds begin at US$ 476,000 including tax, while the Rolls-Royce Phantom V costs US$ 748,000, and the Aston Martin DB6 costs US$ 1.3 million.
Lunaz has witnessed a revitalised hospitality industry boosting demand for its passenger-focused Bentley, Range Rover, and Rolls-Royce models, in addition to particularly well-heeled clients wishing to make their first classic car an electrified vehicle. Lunaz believes its silent, zero-emission classic limos are appealing additions to the fleets of city-center luxury hotels, with the first of its Rolls-Royce and Bentley cars due to arrive soon.
Clients are responding to a proposition that preserves the most celebrated cars in British automotive history while also responding to the pressing global need to transition to more sustainable practises, as evidenced by the surge in global demand for an electrified and remastered classic car by Lunaz. By answering the core criteria of reliability, usability, and sustainability, they are happy to bring an entirely new and conscious audience to the pleasures of classic car ownership.
The desire to own an ecologically friendly car, even if it is more expensive, is strong among millennial drivers. The “great majority” of their customers are from younger age groups who do not fit the usual luxury car buying profile.
Lunaz also has carpets woven from recycled fishing nets that have the look and feel of typical lambswool but are more environmentally friendly. 100% recycled linens are used throughout the cabin of the firm’s vehicles, according to the company. Switchgear is another form of upcycling, where it is preserved and rebuilt but repurposed, for example, to indicate battery charge condition rather than gasoline level.
Electrifying a vintage vehicle gives you the best of both worlds. You get the majority of the original design’s personality (without the engine noise and gear shifts), but with the reliability and everyday usability of an EV.
Everrati Automotive Limited has launched a new 500 horsepower broad body electric vehicle called the ‘Signature’. The premier technological business that specialises in converting automotive icons by integrating the most cutting-edge electric vehicle (EV) powertrains has unveiled its newest EV, which is based on a fully restored 1991 Porsche 911 964. The integration of the car’s new, sustainability-focused heart, the electric propulsion system is a major aspect of the thorough, sensitive repair and re-engineering process.
The business has also electrified another historic vehicle, the legendary Ford GT40. The much-loved automobile will now be powered by an all-electric powertrain, after dominating the gruelling endurance race of Le Mans in the 1960s and then being brought back to the market by Ford in the early 2000s. Everrati will bring an electrified version of the famous GT40 to life in collaboration with Superformance, the renowned manufacturer of 1960s-era continuation component sports vehicles.
The first production of 50 classic electric Range Rovers by Lunaz are currently in production, with first customer deliveries in the summer of 2021.