companies electrifying vintage cars

This is a booming new cottage industry: the conversion of fossil fuel cars to electric cars.

Across Europe and the United States, companies have sprung up to convert fossil fuel dinosaurs into clean electric cars.

David Lorenz founded the British company Lunaz, which charges up to a million pounds to revive classic cars.

“Everyone panicked, everyone saw that we are now going to EV, change all of our production, go to… no. Look at what you’ve already produced. Look at what can be carried over. basically the same. vehicles with the same equipment. Don’t just build new. You have to refrain from it. You have to consider re-building what is already there.

What we’re doing here is picking up a problematic vehicle. We take it off the road and put it back emissions-free. And this is the fundamental key. It’s having a real impact and a real change. “

There are approximately 5 million classic cars in the US market alone.

At the top are companies like Lunaz and the Dutch company Automobiles Extravert.

At the bottom of the scale, French company Transition-One is working on simple kits to electrify mainstream models like the Fiat 500, so cheaper cars can be retrofitted in four hours for under $ 9,000.

“We recently did a study where we did a comparison of the carbon on these vehicles and compared to a new garbage truck or a new electric vehicle, we are talking about 88% of integrated carbon carried on one of our vehicles. You must take this as an essential fact. We cannot just build something new and move the problem around the world. What we’re doing here is removing a problematic vehicle. We take it off the road and put it back emissions-free. And this is the fundamental key. It has real impact and real change.

The growth of EV conversion startups could lead to more regulation, with higher safety standards and costs.

This could make it harder for some small businesses to keep up in the long run.

But, for now, the industry appears to be growing as the demand for electric vehicles increases.


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