An electric vehicle business backed by David Beckham and championed by Sir Keir Starmer has put its commercial arm into administration after production setbacks, the Standard can reveal.
Silverstone-based Lunaz, which installs electric engines into commercial vehicles such as lorries as well as into classic cars like Aston Martin and Rolls Royce models, today said it had ceased operations of its commercial unit ahead of a restructure, blaming the government’s extension to the deadline to transition to zero-emissions vehicles for a dearth in demand.
