Swiss EV startup Piech Automotive has appointed the previous Aston Martin CEO Tobias Moers and the ex-global head of Hyundai’s Genesis model, Manfred Fitzgerald, as co-CEOs.
Piech Automotive was co-founded in 2017 by Toni Piech, the son of former Volkswagen Group Chairman Ferdinand Piech. The firm goals to launch its GT electrical sports activities automobile in 2024.
Moers, 56, was ousted as head of Aston Martin in May after a tumultuous two years as head of the troubled luxurious sports-car firm. Prior to that he led Mercedes-Benz’s AMG efficiency arm. At Piech Automotive, Moers can even be chief expertise officer.
Fitzgerald, 58, spent three years as head of Genesis following his appointment in 2016. Prior to that he was director of brand name and design at VW Group’s Lamborghini supercar division.
Fitzgerald can even take over the position of chairman at Piech Automotive, a job beforehand held by Matthias Mueller, the previous CEO of VW Group. Mueller was appointed in 2020, however left final 12 months, German enterprise publication Spiegel reported.
“We are convinced that this new management team will steer the Piech brand to long-term success,” Toni Piech mentioned in an announcement.
Piech Automotive unveiled its two-seat electrical coupe on the 2019 Geneva auto present, promising quick charging and a 500 km (311 miles) electric-only vary.
The firm has since launched extra technical particulars of automobile, which is alleged to speed up to from 0 to 100 kph (62 mph) in underneath three seconds with assist from three electrical motors.
The agency has designed a modular car platform that it says will develop into foundation for growing completely different physique and powertrain variants after the launch of the electrical GT
Piech Automotive was co-founded by Rea Stark Rajcic, the pinnacle of Swiss firm Quantum Group.
The group made the headlines final 12 months after VW Group rejected its 7.5 billion euro (then $9.1 billion) bid for Lamborghini.