LOCATION: SILVERSTONE, ENGLAND
David Beckham is investing in electric vehicles
The British football star has taken a 10% stake in Lunaz
Lunaz converts petrol and diesel vehicles to green battery power
NAME: DAVID LORENZ, CEO AND FOUNDER OF LUNAZ:
"Having names like this (David Beckham) behind the company is a key strategic play. It opens up markets around the world. We're not just going to just be UK based, we're already looking at alternative countries where we will be expanding in the future."
"We're taking used diesel and petrol vehicles across the board, up-cycling and remanufacturing them and re-engineering these vehicles for a clean air future. You do not just have to build new vehicles, you can take what already exists, re-engineer it and put it back to as a factory-new vehicle, with all the modern technology and engineer that vehicle for a future."
Britain will ban the sale of new petrol and diesel cars from 2030
The UK government has pledged to cut emissions to net zero by 2050