Lunaz, based at Silverstone Park, Northamptonshire, said the decision was due to the "delay" in banning the sale of petrol and diesel vehicles.Lunaz said in a statement it was "currently restructuring to adjust its business and operations in response to shifting market dynamics".
"All operating entities of the company have stopped operations with an intent to restart under a new structure to meet current and future demand for the company's passenger and commercial vehicle products."The company's arm which converted bin lorries went into administration last week He told the BBC last week staff were "called into a room and told that they had not hit their targets and so investors had pulled out" and they would all be made redundant.
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