Lunaz Group completely shuts down production

The Silverstone-based group is comprised of two separate companies: the commercial vehicle electrifier Lunaz Applied Technologies (LAT) and the classic car electrifier Lunaz Design. Lunaz Applied Technologies recently had to enter administration proceedings, announcing the move to fire around 40 employees. At the time, the Lunaz Group said that its passenger car operation would continue.

Now this process has taken another step with plans to restructure the entire business. “The Lunaz Group is currently restructuring to adjust its business and operations in response to shifting market dynamics. These are caused by delays to the legislative requirement for fleets to transition to zero-emissions vehicles,” a spokesperson explained. “All operating entities of the company have stopped operations with an intent to restart under a new structure to meet current and future demand for the company’s passenger and commercial vehicle products.”

The next steps in the schedule are not fully set yet, however, as the spokesperson added: “An announcement on the long-term future of the business will be made in due course.”

Update 11 June 2024

Lunaz has restarted operations. It will again convert passenger vehicles to electric under the Lunaz Design brand. Electrification of commercial vehicles such as bin lorries will continue under the Up-cycled Electric Vehicles brand.

According to media reports, the first trials will take place this summer. They will involve converting 26-tonne commercial trucks into refuse collection vehicles.

Founder and CEO David Lorenz told media that splitting up the business will enable “long-term sustainable growth” and “ensures we are ready to meet the immediate demand for vehicle electrification.”

autocar.co.uk, bbc.com, autocar.co.uk, electricdrives.tv (both update)