International. Bavarian Econs is the company that electrifies classic BMWs for collectors located in Europe and the United States.
Bavarian Econs, co-founded by Felipe García and brothers Nicolás and Édgar Navarro, is a Colombian company located in Munich that specializes in electrifying old BMW vehicles. This year, they expect to bill more than $800,000 by offering an exclusive service that transforms iconic models such as the 2002 BMW, produced between 1966 and 1977.
The electrification process involves disassembling the vehicle, replacing the engine and suspension, and adapting the electrical system, using 400-volt technology. So far, they have completed seven vehicles, primarily for customers in the U.S., and face regulatory challenges in meeting stringent safety regulations in Europe and the Americas.
The average price of electrified cars ranges from 200,000 to 400,000 euros, with a goal of selling between 10 and 15 vehicles per year. In the future, they plan to launch the BMW E30 model and a premium model called L9, aspiring to become the best manufacturers of electric BMWs worldwide.