For most auto enthusiasts, restoring a classic car back to its former glory is both soul-satisfying and challenging at best. But as of recently, there is another way to bring your antique car into the 21st century. The option to electrify classic cars has become a surging business across the globe. Particularly in regions where electric mobility is more favorable and the demand for eco-conscious buying is ever-present.
Read on to learn how one company is changing the way we view electric conversion in older models.
A brief look into the lucrative business of electrifying classic cars
It’s not every day you see a classic car with a charging port installed. Yet, those are the times we now live in. Today, a number of go-getter entrepreneurs have paved the way for the restoration and electrification of classic models we know and love. One of the most renowned is Lunaz, a British car manufacturer in Silverstone, England, that has seen groundbreaking success with its conversions of classic Rolls Royces, Jaguars, and Aston Martin models.
Curious how many people actually want to electrify classic cars? You might be surprised. Lunaz is already on a two-year waitlist with no further bookings for 2022 or 2023. That says a lot for a business that plans to expand its footprint by 400 percent this year to meet the ongoing demand. According to David Lunaz, Founder of Lunaz Designs, “We restore, enhance and create with knowledge that these cars have cultural value far beyond their function.” Lunaz carefully restores each model to uphold this value.
Now that modern vehicles are being produced with electric batteries, the idea of converting classic models is not so out of the ordinary. This also speaks volumes for collectors who want to drive their antique cars well into the future. The phase out of gas-guzzling engines is at the cornerstone of the automotive industry these days.
Electric is the future of classic cars
While the company counts celebrity auto enthusiast, David Beckham, as one of its investors, the beauty behind Lunaz is in its philosophy. They desire to carry on the legacy of outstanding models with the “powertrain of the future”. This challenge, although daunting at first, seems to have swayed a number of collectors to get on board. In 2022, owning a sustainable vehicle, no matter the type of car, is becoming more of a standard. Lunaz just so happens to be making that possible for classic car owners across the globe.
How much does it cost to electrify classic cars with Lunaz?
While prices may vary by company, the cost of electrifying a classic car with Lunaz is not for the faint of heart. Most prices range anywhere from $395,000 to over a million dollars to convert. We know these prices are more than a steep for the everyday driver. But ultimately, Lunaz is showing us the future of classic car conversions with precision and care. With great achievement in converting luxury models for car owners and hospitality businesses, it’s likely they’ll expand their scope in the years to follow. In addition, more restoration and electrification companies will grow in popularity as demand allows.
For now, those who can afford the electrification process can definitely put their trust in Lunaz to deliver a stellar job.
