Matthias Müller.  Photo credit: Volkswagen

Matthias Müller, a former chief executive of German auto giant Volkswagen, has been appointed as the new Chairman of Piëch Automotive, a Swiss electric car startup co-founded by Anton Piëch who is himself the son of ex Volkswagen chairman Ferdinand Piëch and grandson of Porsche founder Ferdinand Porsche. Müller’s appointment comes on the heels of Piëch Automotive closing its first outside funding round from investors including tech veteran Peter Thiel and further embarking on another funding round that’s being arranged by investment bank UBS.

At Piëch Automotive, Müller is joining a group of employees that include veterans from other automakers such as BMW and Tesla. For reference, Piëch’s previous Chief Technology Officer and now Co-CEO, Klaus Schmidt, was the former chief engineer for the BMW Motorsport. The Swiss company’s other newly appointed Co-CEO, Andreas Henke, was a former marketing director at Porsche.

Piëch Automotive is looking to launch an electric two-seater sports car that’ll be capable of charging to 80% capacity in under 5 minutes. The company’s sports car, named Imprint, is planned to have a range of up to 500 kilometers and become available for sale by 2022. 

Photo credit: Piëch Automotive

Piëch Automotive as a company was founded in 2017 by the duo of Anton “Toni” Piëch and Rea Stark Rajcic. The company presented its first car model at the 2019 Geneva International Motor Show.

Piëch Automotive is based out of the Swiss city of Zurich. Its new Chairman, Matthias Müller, was the CEO of Volkswagen between September 2015 to April 2018.

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