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Demand sees Lunaz increase production and create jobs
Lunaz, a Silverstone-based firm specialising in the restoration and electrification of classic cars, has announced it will release more build allocation to meet soaring demand for its stable of electric classic cars. Clients can now secure the first tranche of production for 2024 delivery.
The company, which builds its vehicles in a state-of-the-art facility, will also increase production capacity to 110 re-engineered and electrified vehicles every year. This represents a 50% increase in total build-slots versus 2020.
In December last year, Lunaz announced the establishment of Britain’s largest remanufacturing and electrification facility adjacent to its current home opposite the Silverstone Grand Prix circuit. This will take the company’s total production space to 130,000 sq ft over two sites, making it the largest employer and manufacturer in Silverstone’s technology cluster.
This expansion in total manufacturing footprint means Lunaz can meet ever-increasing global demand for its electric classic cars. This is driven by surging global demand from a new generation of buyers.
The company now boasts a line-up that represents the most celebrated and revered cars in British automotive history. This includes Range Rovers from the classic era (1969 to 1994), Bentley Continental S1, S2 and S3s, Jaguar XK120, 140 and 150s in both coupé, drophead coupé and OTS body-styles, Rolls-Royce Silver Clouds, Rolls-Royce Phantoms and most recently Aston Martin DB6s.
Lunaz opened order books in early 2020. Since then, it has grown its workforce 500% to meet demand and now employs more than 120 highly skilled engineers, designers, craftspeople, restoration specialists and technicians. They have been drawn from some of the leading names in luxury automotive and engineering including: Aston Martin, Arrival, Bentley, Ferrari, McLaren, Rolls-Royce, Jaguar Land Rover, Williams F1 and Renault F1.
David Lorenz, founder and CEO of Lunaz Group, said: “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 practises. 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.”
Anticipated demand for pinnacle classics and upcoming market introduction of the company’s first industrial vehicle electrification projects will see the number of employees grow to more than 350 within the next year, with this rapid expansion underpinned by significant investment.