David Beckham buys 10% equity in Lunaz

A photo of David Beckham with an electric car
David Beckham

Famous British footballer, David Beckham, has acquired a 10% stake in Lunaz, a British automobile company that specializes in electrifying high-end cars such as Range Rovers and Jaguars.

Established in 2018, Lunaz takes vehicles that make use of diesel and petrol, re-engineers them with modern technology, and turns them into green battery-powered vehicles.

The CEO of Lunaz, David Lorenz, said:

“Having names like this behind the company is a key strategic thing, it opens up markets around the world. We are not just going to be UK based, we are already looking into other countries where we will be expanding to in the future.”

Financial analysts predict that the widespread news about David Beckham’s investment in Lunaz will trigger the interest and trust of other investors in the company.

--

--

--

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Host Shamim Mukhtar is going LIVE, featuring Guest Expert Terry Duffy

Why Having a Niche & Getting Good Customers Is So Important For Growing Your Cleaning Business

Host Shamim Mukhtar is going LIVE, featuring Guest Expert Diana Morgan

Fintech subscriptions: what subscribers need but won’t tell you

4 ways to save a Social Enterprise from Social-washing

That New HQ Isn’t For You

The Best Online Ordering and Delivery Apps for Restaurants

Trust me, this will cost you!

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Business Stance

Business Stance

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.

More from Medium

Below the Surface: the Neglected Parts

An Unexpected Benefit of Investment Diversification that No One Talks About

DeJoy Decision To Kill Electric Postal Fleet Hands China a Win

Recycled Fuel: A Rebuttal to Harper’s Spent Fuel