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Specialist classic luxury vehicle converters Everrati has announced it will now accept cryptocurrency payments.
They are the first electric vehicle restoration company to offer this payment option.
The decision reflects Everrati's focus on innovation and catering to a modern, tech-focused customer base. Initially available to clients in the United States, cryptocurrency payments are expected to be rolled out to additional markets based on demand.
This new payment method aims to simplify transactions and reduce wait times for customers.
According to Everrati, cryptocurrency adoption is growing within the luxury car industry, with Ferrari being another notable example.
By accepting cryptocurrency, Everrati seeks to improve convenience and accessibility for its customers, solidifying their position as a leader in electric vehicle technology.
To mitigate potential risks associated with cryptocurrency volatility, Everrati will accept multiple cryptocurrencies.
Everrati CEO, Justin Lunny, explained the decision as a way to expand their global reach and cater to a tech-savvy clientele. He noted a growing interest from customers, many of whom are thought leaders, in using cryptocurrency to commission electric conversions of classic cars. This strategic move is expected to enhance customer experience, attract new clients, and increase market share.
Everrati's focus on innovation extends beyond payment options. They are experiencing rising demand for their electric powertrain technology from low-volume sports and supercar manufacturers, alongside their core business of converting cars for individual consumers. Their mission is to transform classic cars into sustainable luxury vehicles for the 21st century, ensuring they can be enjoyed by future generations.
To date, Everrati has made electric versions of iconic vehicles like the Porsche 911, Range Rover Classic, and Mercedes-Benz W113 SL Pagoda. But it's the Land Rover Defender that we're most interested in here at Van Reviewer.
The Defender is one of the most versatile models to ever go on sale with commercial vehicle models and pick-up truck variants.
The thought of an electric pick-up truck conversion from a Defender is enough for us to open up our crypto wallets.