ITAP CEO creates record-breaking electric vehicle

The CEO of an asset recovery and electronics recycling firm has positioned himself to enter the Guinness Book of World Records by building an electric vehicle (EV) made from used electronics components that was able to travel nearly 1,000 miles on a single charge.

Eric Lundgren, CEO of Los Angeles-based IT Asset Partners (ITAP), says he can claim the official “Guinness Book of World Records” title for the longest range of an EV on a single charge by traveling more than 990 miles (1,600 kilometers) at the Auto Club Speedway of California over a two-day consecutive run. The Guinness Book of World Records flew in adjudicator Michael Empric to the speedway in Fontana, California, to verify the world record for Lundgren. The new mark breaks the previous record of 806 miles (1,298 kilometers) set in Japan in 2013.

The record-breaking EV, called The Phoenix, was created by ITAP Lundgren and is made from 90 percent recycled or reused parts. ITAP says that was done to promote electronic scrap recycling and that it cost less than $14,000 to build The Phoenix.

Los Angeles-based ITAP provides asset recovery and electronics recycling services to a client roster that includes Fortune 500 companies such as Nintendo, Motorola, Panasonic, Dell and Best Buy. Lundgren calls re-use “the purest form of recycling,” and decided to put that principle into action when he founded and developed ITAP.

Lundgren says ITAP’s “Hybrid Recycling” model involves identifying “all generic parts and components of value” to offer them for resale rather than shred them.