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Former Opel Chief Joins EV Startup
Karl-Thomas Neumann, who resigned as CEO of General Motors Co.’s Opel unit last June, has joined Evelozcity, a 4-month-old electric-car startup based in Los Angeles.
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Karl-Thomas Neumann, who resigned as CEO of General Motors Co.’s Opel unit last June, has joined Evelozcity, a 4-month-old electric-car startup based in Los Angeles.
Neumann had been expected to become CEO of Volkswagen AG’s Audi unit. A long-time proponent of EVs, he says he decided to join Evelozcity after concluding that conventional carmakers won’t be the companies that drive major changes in urban transportation.
He has joined the startup’s board and will be in charge of mobility. Earlier this month Neumann also invested in and joined the board of door2door GmbH, a ride-hailing startup launched in Berlin in 2012.
The startup was launched in December by three former BMW AG executives, two of whom played key roles in the German carmaker’s “i” EV unit. All three had spent time with Chinese startup Faraday Future Inc. before launching Evelocity in January. The company said last month it aims to introduce its first EV in 2021.
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