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David Beckham invests in EV company Lunaz

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David Beckham Lunaz Investment

David Beckham, the former professional footballer turned entrepreneur, has taken a major share in an electric vehicle company. 

His 10 percent stake in Silverstone-based Lunaz adds to his roster of investments, which includes the Inter Miami CF Major League Soccer team.

With other leading investors now onboard, such as the Barclay brothers, Lunaz plans to create 500 skilled jobs by 2024.

Electric classics to continue

David Beckham Lunaz Investment

Founded in 2018 by David Lorenz and Jon Hilton, Lunaz has risen to prominence through its EV conversions of classic cars. The company’s most high-profile works have seen the Range Rover Classic, and Rolls-Royce Phantom V, fitted with battery powertrains.

This ‘upcycling’ approach is central to the Lunaz business model. Instead of developing new EVs from scratch, the firm is creating a range of electric conversions for existing vehicles. 

With a newly expanded 44,000 square foot facility, Lunaz will focus on three specific EV areas. 

Electric classic car conversions will continue as part of Lunaz Design, with Lunaz Powertrains creating modular EV tech for other manufacturers.

Heavy duty battery technology

David Beckham Lunaz Investment

The most ambitious part of the three-pronged strategy is Lunaz Applied Technologies.

Responsible for converting industrial vehicles to electric power, this division will see fire engines, refuse trucks, and other HGVs electrified. 

Lunaz hopes that its approach will see fleet companies consider upcycling existing vehicles, rather than investing in brand-new models. 

It claims local authorities could save 43 percent on the total cost of ownership by converting a refuse truck to electric power.

Spend it like Beckham

David Beckham Lunaz Investment

Some 100 new jobs are set to be created by Lunaz in 2021. A UK base said to be perfectly positioned for major EV markets. 

Co-founder, David Lorenz, commented: “Our commitment to Silverstone affirms the United Kingdom’s status as a leader in the development of clean-air automotive technologies. Firms like ours, which operate in the principles of the circular economy, show that British industry can provide potent answers to the global need to transition to less impactful industrial practices.”

Following his investment, David Beckham said: “Lunaz represents the very best of British ingenuity in both technology and design. I was drawn to the company through their work restoring some of the most beautiful classic cars through upcycling and electrification.”

The former Manchester United star added: “David Lorenz and his team of world-class engineers are building something very special and I look forward to being part of their growth.”

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New EV cost calculator shows electric car savings

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Lady using laptop computer

A tool has been developed in order to compare the lifetime costs of electric vehicles with petrol and diesel equivalents.

According to Halfords, which has developed the tool, EVs are on average almost 50 percent more expensive to buy than a comparable ICE model.

However, after three years and 30,000 miles, the average EV driver will actually end up saving £100 overall.

The Halfords calculator currently compares data for more than 100 electric, petrol, diesel and hybrid vehicles.

Cost comparisons vary depending on length of ownership and annual mileage; in some cases, electric vehicles are more expensive on a total cost basis, though fuel costs and other savings will ‘at worst, substantially narrow the gap’, the company said.

As an example, Halfords showed that a Mini Cooper Electric Level 3 costs £25,500 to buy, which is a hefty £9,855 more than its petrol equivalent – the Mini Cooper Classic.

However, after three years of ownership, the electric Mini Cooper will have saved the owner so much money in fuel and other costs, they’re actually almost £800 better off.

“Intuitively we know that electric vehicles can be better value than their nearest petrol and diesel equivalents, but we wanted to make it as easy as possible for people to see it for themselves,” said Andy Turbefield, head of quality of Halfords.

“We’re not suggesting that people should buy electric because of the long-term savings, but if people are delaying purchase because of the up-front cost, this should give them pause for thought.”

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Lockdown ease sees car insurance claims rise 30%

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Lockdown ease sees insurance claims rise 30%

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Road traffic accident

The easing of lockdown has led to a surge in motorists being involved in collisions.

According to insurance company LV, it received 30 percent more claims last month compared to the start of 2021 when lockdown restrictions were reintroduced.

In early April, rival insurer NFU Mutual predicted 12 million people would hit the roads with the easing of lockdown and itself predicted the number of accidents would increase by 18 percent.

LV said since lockdown restrictions were eased in mid-April, the number of vehicles on the roads has ‘risen exponentially’.

Accidents in car parks and on motorways are seeing particular growth.

The number of car parking accidents is nearly double the rate seen in January this year and higher than any month in 2019, apart from August.

Drivers assess car accident

“In the last few weeks, we’ve seen horrendous weather, more cars on the road and people getting used to driving again, and those three factors have clearly led to more accidents,” said Martin Milliner, claims director at LV.

“Some people are getting back behind the wheel consistently for the first time in a while, so it’s really important drivers take their time getting used to the busier roads and don’t rush when parking or doing complex manoeuvres.

“It’s also worth giving your car the once over if it’s been sat on the street or drive for a period of time, just to make sure everything’s working as it should do.”

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BMW i4 EV arrives in November with 367-mile range, £51,905 price

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BMW i4

BMW has issued more details about its Tesla Model 3-rivalling i4 pure electric saloon ahead of its arrival in the UK in November.

Priced from £51,905, it has a range of up to 367 miles under the WLTP testing regime – an impressive figure that ranks it ahead of the Tesla Model 3.

The i4 will initially be available in two guises; the entry-level i4 eDrive 40 is powered by a 340hp electric motor, while the range-topping i4 M50 version consists of a 544hp all-wheel drive model.

The M50 has a slightly lower range of 316 miles and is priced from £63,995.

BMW i4

This version – pictured here – also carries BMW M Performance styling features outside and in.

BMW says the inclusion of its Combined Charging Unit allows use of DC high-power charging stations with an output of up to 200kW.

It estimates 102 miles (entry-level) and 87 miles (range-topping) of range can be delivered within a 10-minute charging stop at stations of this kind.

The battery, meanwhile, comprises a floor-mounted 80.7kwh lithium-ion pack, which is said to be 30 percent denser than the battery in today’s i3 EV.

BMW i4

Standard kit includes 18-inch alloy wheels, a digital cockpit display, a reversing camera, a parking assistant feature, automatic air conditioning, ambient lighting, LED lights front and back and acoustic protection for pedestrians.

The i4 EV is similar size to the firm’s 3-series saloon and shares underpinnings with the popular model. BMW added that customers in the UK will also receive a 12 subscription to the BP Pulse and Ionity networks when they take on the car.

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Boy George teams up with Waze for Pride

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Boy George teams up with Waze for Pride

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Boy George and Waze

To celebrate Pride month, sat nav app Waze has teamed up with Boy George to create a bespoke theme.

The new Boy George theme includes voice directions from the Culture Club star – with “words of wisdom” thrown in – plus a curated Boy George playlist.

Users can even choose bespoke Boy George ‘Car-ma Chameleon’ or ‘Goldsmobile’ car icons.

The sat nav directions are not any old voice guidance alerts. Rather, they take the form of Boy George “sitting down to a nice cup of tea and a chat”.

Not only will users be told where to turn and receive alerts of hazards ahead, they’ll also enjoy words of wisdom, such as a reminder that “life is about learning to be yourself”.

Wazers can even choose their mood when they set the sat nav directions.

Utilising the Waze integration with Spotify, the Boy George Pride playlist features tracks selected to “celebrate acceptance, freedom of expression, and love”.

As they listen, users are advised to follow Boy George’s golden rule: “Listen to the music you live; passion always eclipses what’s fashionable.”

Want to try out the new Boy George Waze theme? Head to the ‘settings’ cog and click ‘drive with Boy George’.

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‘Majority’ of Bentley Bentayga Hybrid journeys are in EV mode

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Bentley Bentayga Hybrid

Bentley has opened ordering for the revised Bentayga Hybrid – and revealed usage data that shows owners of the existing model are already driving most of their journeys in pure electric mode.

The plug-in hybrid SUV, which has an EV range of 25 miles, is generally used by owners daily, with half of them regularly undertaking journeys of less than 30 miles.

Nearly every customer makes use of EV mode, charging their Bentayga at home and only occasionally using the petrol engine on a day-to-day basis.

Bentley Bentayga Hybrid

For when they need to go further afield, the 3.0-litre twin-turbo V6 engine combines with the 17.3kWh battery to deliver a combined range of 430 miles.

It also has a suitably Bentley-like total power of 443hp and 516lb ft of pulling power. 0-62mph takes 5.2 seconds.

Bentley Bentayga Hybrid

The revised Bentayga Hybrid carries over the styling enhancements of the core range, and gains the same significant tech boost inside. Bentley continues to offer it in five-seat or more indulgent four-seat configuration.

Part of Bentley’s drive to have an electrified version of every model in its range by 2025, the firm has priced the Bentayga Hybrid at £155,500 – exactly the same as the Bentayga V8.

  • Lease a new Bentley Bentayga

This “focuses the customer choice on powertrain preference rather than cost”.

Ordering is open now with first deliveries due later in June.

It’s not the only Bentley hybrid that’s set to launch in 2021, either: the next is “due to break cover this summer” and more details will be following soon.

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Jess Hawkins returns to the BTCC grid

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Jess Hawkins BTCC 2021

The British Touring Car Championship (BTCC) is set to gain an additional female driver at the Snetterton round in June.

Jess Hawkins, the W Series racing driver and Guinness World Record holder, will take the Motorbase seat of Andy Neate. 

It marks the second BTCC stint for Hawkins, who drove for the Power Maxed Racing team at the Norfolk track in 2020.

A second shot at success

Jess Hawkins BTCC 2021

Hawkins described her BTCC debut in 2020 as being a “dream fulfilled”, having come close before to competing in the touring car series. As a mid-season entrant to the championship, Jess had to contend with maximum success ballast being added to her car. 

Despite this, she still returned respectable results at Snetterton, moving up the standings for each of the three races. 

Having won numerous karting competitions when younger, Hawkins came second in the Pro class of the 2017 Mini Challenge UK.

Her stunt driving has seen her work on the James Bond film, No Time to Die. She has also set the Guinness World Record for driving the fastest-accelerating lawnmower.

Heading back to Norfolk

Jess Hawkins BTCC 2021

The second chance for Hawkins comes as regular Motorbase driver Andy Neate has “personally taken the decision to take a short sabbatical from the BTCC at Snetterton.”

Neate was involved in a dramatic first corner crash in the second of the season-opening rounds at Thruxton. He was penalised for causing the incident, which removed Jade Edwards and Glynn Geddie from the race. 

The stewards found that Neate drove in “a manner incompatible with general safety or departing from the standard of a reasonably competent driver”. This saw him fined £2,000, and given three penalty points on his racing licence. 

Hawkins was surprised to receive the call from Motorbase. But, she commented that she was: “extremely excited to be making a return to the BTCC at Snetterton after my debut there in 2020.”

The Snetterton rounds of the 2021 British Touring Car Championship will take place on Sunday, 13 June.

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Mecum car auctions to accept cryptocurrency

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Mecum Auctions Cryptocurrency

Mecum Auctions has announced that it will now accept payment of winning bids with cryptocurrency

The Wisconsin-based company has chosen BitPay as its cryptocurrency provider, opening up a wide range of payment options. 

With the cryptocurrency option available to in-person and online bidders, the company hopes it will attract a new generation of customers.

Taking bids through the blockchain

Mecum Auctions Cryptocurrency

Registered Mecum bidders will be able to select from various different cryptocurrencies and ‘coins’. This includes the popular Bitcoin, along with Ethereum and even Dogecoin. 

Bitcoin has become the cryptocurrency of choice for certain car manufacturers. Karma dealerships in California have previously committed to accepting Bitcoin

Tesla announced earlier this year that the company would allow payment for new cars with Bitcoin. However, Elon Musk later retracted the brand’s commitment, citing environmental concerns from the ‘mining’ of Bitcoin.

IndyCar driver Rinus VeeKay featured Bitcoin sponsorship in the recent Indy 500 race.

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Mecum Auctions Cryptocurrency

Stephen Pair, CEO of BitPay, commented: “Mecum Auctions realizes the potential for crypto to revolutionize the collector car auction industry, making payments faster, more secure and less expensive on a global scale”.

He added that: “Our goal at BitPay is to make accepting crypto a seamless process and to increase adoption as crypto is the future of payments, and we’re thrilled to have the opportunity to support Mecum in providing crypto payment solutions for car enthusiasts worldwide.”

Mecum’s cryptocurrency announcement came as part of the recent 2021 Indy auction. This event saw the company hit a new record, seeing total sales of more than $107 million. 

Top-selling cars included the famous ‘Big Oly’ Ford Bronco, which sold for $1.87 million.

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Motorists to save £35 a year on car insurance under new whiplash rules

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Insurance assessment of a car crash

The government has claimed motorists could save £35 per year on the cost of car insurance following the introduction of new rules designed to reduce the number of fraudulent road accident claims.

As part of the reforms, there will be a simplified process for making accident claims online that are under £5,000, removing the need for lawyers.

Medical evidence will also be mandatory for all future whiplash claims.

The Ministry of Justice claimed insurers have pledged to pass on the savings to drivers, estimating they are worth £1.2 billion.

“For too long, the system for making whiplash claims has been open to abuse by individuals looking for an easy payday – with ordinary motorists paying the price,” said Lord Chancellor Robert Buckland.

“Our changes, which come into force today, will put an end to this greedy opportunism and ultimately see savings put back into the pockets of the country’s drivers.”

Car insurance repairs

However, accident management company Call Brian hit out at the changes and accused the government of making things overly complicated for motorists involved in accidents.

It said it is not being made clear to motorists that they will need to understand a 64-page legal guide, adding they will also need knowledge of the MedCo system – which is used to facilitate the sourcing of medical reports in soft tissue claims brought under the Ministry of Justice.

“Firstly, Brits are expected to fork out for costly legal fees if they want to add any kind of professional legal weight to their claims, then you’re expecting them to become theoretical and medical experts just to get the compensation they deserve,” said Colin Shaw, the CEO of the firm.

“And even then, there’s no guarantee of winning, so everyone, not just motorists, will be left out of pocket under this new system.”

“I just can’t see how it’s going to work at all and feel it will become a real health and financial headache for already stress-induced Brits battling the effects of the pandemic.”

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Toyota and Lexus launch 10-year warranty for new and used cars

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Toyota dealership in 2021

Toyota and Lexus have launched a warranty programme that provides up to 10 years’ worth of cover for new and used vehicles.

Under the ‘Relax’ banner, a year’s warranty is added each time it is serviced at a main Toyota or Lexus dealer. Servicing costs are unchanged from today, and vehicles – including vans and pick-ups – are eligible if they are less than 10 years old or have covered under 100,000 miles.

Relax replaces both Toyota’s previous 5-year, 100,000-mile new car warranty, and the Lexus 3-year, 60,000-mile warranty. It is extended by one year each time a car is serviced at an approved Toyota or Lexus dealer.

The scheme applies to all new Toyota and Lexus models and also applies retrospectively to models already sold, and vehicles maintained outside of the main Toyota and Lexus dealer networks are also eligible, assuming they are bought back for a main or interim service.

Claims under the warranty can be made outside of the UK too, assuming the firm’s dealership network is also participating in the Relax scheme – Toyota explained that should a car need remedial work in the south of France for example, the local dealer would be able to authorise the work under the Relax scheme. 

The scheme works in the same way for vehicles with longer service intervals: for instance, the Toyota Proace van has a two-year maintenance schedule, and so has two years of warranty added each time it is serviced.

Toyota’s previous warranty scheme, introduced in 2010, remains valid, with Relax beginning at the end of the five-year period.

Toyota dealership in 2021

“This is a game-changing proposition that redefines the manufacturer warranty, giving our customers the reassurance and value of cover for up to a decade of motoring,” said Rob Giles, Toyota’s customer services director.

“There are compelling business benefits to be gained as well, with Relax connecting us with more owners, building loyalty and giving our network partners the opportunity to maximise value chain opportunities in both sales and after sales activities.

“The foundation for this exceptional level of protection is the essential quality, durability and reliability of our vehicles and our commitment to delivering customer-first service.

“As well as rewarding existing Toyota owners, our Relax programme will also strengthen the appeal of our vehicles to new customers, equally whether they are considering a new car or a used model.”

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