Piëch Automotive, Switzerland to Launch Its All-Electric Luxury Sports Car
By : | October 15, 2020

Piëch Automotive AG, the automotive start-up based in Zurich, Switzerland, has appointed a number of leading executives, as it builds towards the launch of a pure-electric two-seater sports car featuring both a highly innovative battery technology and a record low charging time.

As the first of three planned vehicle concepts, the two-seater electric sports car will showcase Piëch Automotive’s
revolutionary battery and charging technology. It can achieve 80% battery capacity after being charged for just 4
minutes 40 seconds, delivering a range of 400 kilometers – figures which, as it stands, are unrivalled in the global EV sector. The vehicle’s maximum range is expected to be 500 kilometers (WLTP). The first planned vehicle concept will be available for purchase at the end of 2022.

The company’s highly innovative modular vehicle concept is unique in its flexibility, allowing numerous body variants, drive types and continuously possible upgrades in hardware and software. Piech Automotive pursues new ways to operate with a capital and resource light business model, in both construction and in operation, which helps to secure the future viability of the company. The company is already a trailblazer, setting new benchmarks for sustainable mobility within the automotive industry.

Matthias Müller, former CEO of Porsche and Volkswagen, is newly appointed as Chairman. He will work closely with
company co-founders Toni Piëch and Rea Stark in shaping an ambitious product development and corporate strategy. Former BMW Motorsport chief engineer Klaus Schmidt retains his role as Piëch Automotive’s Chief Technology Officer and will now also become one of two company CEOs. Over the past four years, Schmidt has led the creation of the company’s highly innovative modular vehicle platform, which can accommodate multiple body variants and powertrain layouts. He will oversee the management of all technical operations.

At Schmidt’s side will be newly appointed CEO and Chief Marketing Officer Andreas Henke, who takes the lead on brand strategy and marketing, customer relationships, finance and personnel.