Vehicle electrification specialist Lunaz Applied Technologies (LAT) has revealed plans to dramatically quadruple its presence at MEPC Silverstone Park by expanding into 140,000 sq ft of new industrial accommodation at the estate.
The premises are among four large industrial units recently constructed by MEPC as part of its latest 265,000 sq ft development at Silverstone Park.
The additional production space will enable LAT to grow its upcycling of diesel-powered industrial vehicles, such as recycling trucks, by restoring them to warrantied-as-new condition and converting them to full electric power.
As many as 1,100 ‘upcyled electric vehicles’ (UEVs) could be produced a year inside the plant and 300 new jobs created as part of the expansion, according to the business.
LAT, whose investors include England football legend David Beckham, says it is now actively recruiting across both manufacturing and electric vehicle specialisms to support its rapid growth.
David Lorenz, founder, Lunaz, said: “This landmark project represents a huge step forward for Lunaz Applied Technologies and the wider drive towards clean-air mobility.
“We have dramatically expanded our upcycling campus in Silverstone, Northamptonshire, in response to market sentiment, and the clear and growing demand for upcycled electric vehicles (UEVs).
“We’re backing our own technology, processes and people, and making a powerful statement of intent for our vision of Lunaz Applied Technologies (LAT); it’s also a renewed vote of confidence from us and our investors in the UK as our chosen long-term location for LAT’s manufacturing and R&D activities.
“This development will enable us to unlock the vast potential of UEV technology to break the replace-with-new cycle and bring us ever closer to carbon neutrality.”
Notably, investment in technology by LAT to reduce its own environmental footprint means its Silverstone Park premises will be highly thermal-efficient and use heating powered by sustainably-generated electricity.
Furthermore, all tools used by production experts will be battery-operated and vehicle ramps will be fitted with a kinetic energy recovery system to minimise power usage.
