Manufacturing

EV conversion firm Lunaz announces plan to double workforce

Published by
Stephen Emerson

Silverstone-based electronic vehicle (EV) specialist Lunaz has announced that it will scale up its operations.

New employees will include technicians, engineers, designers and upcycling specialists raising staff numbers from 175 to 350 by the middle of 2025.

The announcement was made on the day Labour Party leader Sir Keir Starmer visited the Lunaz campus at Silverstone.

READ MORE: Funding from David Beckham and others charges growth for Bucks specialist electric vehicle firm

The Leader of the Opposition toured the world’s only dedicated industrial vehicle upcycling and electrification facility, where Lunaz is accelerating the transition to clean-air mobility by converting existing commercial and passenger vehicles to its proprietary zero-emissions electric powertrains.

Lunaz itself has experienced rapid growth in both its passenger car and industrial vehicle upcycling operations.

Lunez company founder David Lorenz said: “We can confirm our robust roadmap to double the number of skilled clean-tech jobs by the middle of 2025, affirming our commitment to the UK and Silverstone as a global centre of excellence in clean-tech industry. We welcome all policy that supports and stimulates growth in this vital and vibrant sector and are encouraged to see political leaders engaging with and recognising the enormous power of the circular economy practices employed by Lunaz to accelerate our critical path to net zero.”

READ MORE: Lunaz unveils design concept for world's 'most sustainable' Aston Martin

When it was founded in 2018, the Silverstone factory occupied 7,000ft and employed just five people.

Today it extends to more than 250,000ft.

The company is on a roadmap to up-cycle 1,100 vehicles per year and will double its workforce to enter full production through 2024 and beyond.

Sir Kier Starmer said: “Fast-growth clean technology companies like Lunaz show the incredible talent, innovation and ingenuity that exists here in Britain. We will back to the hilt the ambition and innovation of British business. The UK has enormous potential to take a global leadership position in the critical path to net zero industry. Companies like Lunaz show how it can be done.”

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

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