Electric vehicle firm reboots operations after restructuring
A Silverstone firm which upcycles and electrifies classic cars and lorries has resumed its operations after a corporate reorganisation, after fell into administration in March.
Under the leadership of David Lorenz, the Northamptonshire-based Lunaz Group has effectively divided into two separate entities.
The Lunaz Applied Technologies (LAT) division, which specialises in modifying commercial vehicles like bin lorries, has essentially been transferred to a newly formed sibling company called UEV (Upcycled Electric Vehicles) for £130,000.
Lunaz Design will now recommence operations under its original name.
