Piëch electric concept progresses to GT production trials

Piëch electric concept progresses to GT production trials

The sportscar formerly known as Mark Zero is notable for using the latest Desten battery technology for CCS2 fast charging to 80% in 8 min and even faster 5 min charging with specially developed TGOOD charging technology.
The Mark Zero electric sports car concept from Piëch Automotive AG that debuted at the 2019 Geneva Motor Show has progressed to its next phase as a production model being developed under the GT project name. The next phase for the Zurich, Switzerland-based automaker startup coincides with a move from Munich to a new test center near Memmingen, Germany, enabling accelerated development.

“Despite the global COVID-19 pandemic, we have managed to overcome the resulting delays and keep our project fully on track,” said Toni Piëch, Co-founder and CEO of Piëch Automotive and Board Chairman of Piëch Holding AG. “The financing rounds to date have been successful, and we can now confidently continue our journey towards market launch.”

The development plan

With the relocation of the German development department to Memmingen in August, the team led by Klaus Schmidt, CEO/CTO of German affiliate Piëch Engineering GmbH, can now accelerate its work.

“We have a test track and the appropriate logistics at our disposal here, which will substantially advance the development of the Swiss sports car,” said Schmidt.

With more than 30 years heading up BMW’s high-performance department at M GmbH, Schmidt’s wealth of experience is said to have had a significant im
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