David Beckham has become the latest name to give his backing to British electric car conversion specialists Lunaz. 

The UK firm, which specialises in making electric versions of classic cars, now has Beckham’s financial backing, with the former professional footballer joining the likes of the Barclay Family and Reuben Brothers in putting their cash behind the firm. Beckham is said to have taken a 10 per cent stake in the company, which was founded by David Lorenz. 

Commenting on the financial backing, Beckham said: “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 very much look forward to being part of their growth.”

Headquartered in Silverstone, Lunaz has earned itself a name for creating the world’s first all-electric versions of classic Range Rover, Jaguar, Bentley and Rolls-Royce models. 

This new investment and backing is expected to help Lunaz expand into the upcycling and electrification of industrial and commercial vehicles, which is said to extend the life of existing vehicles and avoid additional costs associated with buying new models. 

David Lorenz, founder and CEO of Lunaz, said: “The upcycling of existing passenger, industrial and commercial vehicles presents a sustainable alternative to replacing with new. Our approach will save fleet operators capital while dramatically reducing waste in the global drive towards de-carbonisation.

“This top tier investor commitment is testament to Lunaz’ path to defining the market for remanufacturing and conversion to clean-air powertrains.”

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