Well, folks, it seems like another one has bitten the dust in the world of electrified vehicles. Lunaz Applied Technology, the company behind the ambitious project to electrify bin lorries, has entered administration.
Now, some of you might be scratching your heads wondering why anyone would bother electrifying bin lorries in the first place. I mean, they’re big, bulky vehicles that spend most of their time rumbling through back alleys and collecting trash. But Lunaz saw the potential to reduce emissions and noise pollution in urban areas by converting these diesel-guzzlers into clean, green machines.
Unfortunately, it seems like the company bit off more than it could chew with this project. Despite receiving some government funding and attracting interest from local councils, Lunaz just couldn’t make the numbers work. Perhaps the cost of retrofitting these vehicles was just too prohibitive, or maybe there just wasn’t enough demand for electrified bin lorries.
It’s a shame to see a company with such lofty ambitions go under, but the harsh reality is that the world of electric vehicles is a tough place to break into. With big players like Tesla and Rivian dominating the market, smaller companies like Lunaz often struggle to compete.
So what’s next for Lunaz Applied Technology? Well, only time will tell. Perhaps another company will swoop in and scoop up their technology, or maybe they’ll fade into obscurity like so many others before them. One thing’s for sure though, the world of electrified vehicles is a tough nut to crack, and not everyone has what it takes to make it to the finish line.
It’s really unfortunate to hear Lunaz Applied Technology couldn’t make it work. I was really rooting for the electric bin lorries project. It sounded like a game-changer for reducing urban pollution. Hope their tech gets picked up by someone who can carry it forward!
Electric bin lorries sounded like a cool project. Shame Lunaz couldn’t pull through. Wonder what the main issue was? Cost or tech?
I’d bet on cost. Retrofitting those big vehicles can’t be cheap, right? Plus, the initial investment in R&D.
It’s not just about cost or tech. It’s also about timing in the market. Maybe they were too ahead of their time?
Sad news about Lunaz. Electrifying bin lorries is the kind of innovative idea we need to tackle urban emissions. Hope this doesn’t discourage other companies.
Electrified bin lorries? What’s next, flying dustbins? Too bad Lunaz couldn’t make it, would’ve loved to see those!
Honestly, were electric bin lorries ever going to be viable? Sounds like a niche market with limited demand. Maybe Lunaz was doomed from the start.
From a local gov perspective, electric lorries for waste collection sounded promising. Shame the economics didn’t work out for Lunaz. Wonder if anyone else will pick up the mantle?
Always admired Lunaz for trying to innovate in such a practical field. Converting diesel vehicles to electric is no small feat. Hope they or someone else continues this mission!
While it’s sad to see Lunaz go, their failure is a critical lesson for the EV market. It’s not just about having a great idea but also about executing it in a sustainable way.
reminds me of other innovative companies that were ahead of their time. it’s a tough break for lunaz, but history shows that sometimes today’s failures lead to tomorrow’s successes.
Tough luck for Lunaz, huh? Electric vehicles seem like the future, but seems like a rocky road. Maybe it’s just not their time yet.