We have received positive feedback on the performance and features developed so far and have seen a huge interest in owning an electric vehicle. What has come more of a surprise is the number of people that have approached us to convert their existing vehicles.
I believe this is in part driven by the governments plan to ban Internal Combustion Engine (ICE) vehicles in 2040 (Hybrid vehicles will escape the ban) and because people have got past the idea that electric vehicles are just a fad or the current fashion.
We are proud to announce that we will be expanding the business to offer electric vehicle conversions while maintaining the research, development and manufacturing of autonomous vehicles.
This will allow us to sell a subset of our technologies to the EV conversion market and offer a wide range of products and services from other manufacturers that are not currently available in the UK.
Last week we signed the lease on a new 5000 sq ft facility a mile up the road from our current R&D facilities. The added space will be setup as a state of the art facility for converting vehicles to electric drive trains and will give us more room for our autonomous vehicle R&D.
Keep your eyes peeled for updates on the fit out and the first vehicles to ship out of the new facility.