Beckham-backed electric vehicle startup hits $200m valuation

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An ‘upcycled’ electrical vehicle startup backed by David Beckham has hit a $200m valuation today, as it closed a private funding round to pump into a major manufacturing facility.

Lunaz, which electrifies classic cars and old vehicles set for the scrap heap, will now use the funding to accelerate the UK’s largest remanufacturing and electrification facility next to its HQ in Silverstone.





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