Aston Martin former execs join battery startup InoBat

Europe

Slovakian battery startup InoBat has appointed two more former Aston Martin executives to top positions within the company, who will join the supercar maker’s ex-CEO, Andy Palmer.

Paul Hancock will be chief financial officer at InoBat after leaving his position as deputy chief financial officer at Aston Martin.

Hancock had worked at the British automaker for five years after moving there from the aviation industry.

John Griffiths meanwhile becomes chief operating officer for InoBat. Griffiths was chief transformation officer and chief procurement officer at Aston Martin for a year and a half before leaving in June 2020.

The two will be reunited with Palmer, who is InoBat’s non-executive chairman, a job he will continue to hold despite being named CEO of electric bus and light commercial vehicle maker Switch Mobility on July 2.

Griffiths also works at Palmer’s consultancy firm, Team Excelerator.

Prior to working at Aston Martin, Griffiths held senior positions at aviation logistics company Pattonair and aircraft engine maker Rolls-Royce.

InoBat is preparing to build a 1-gigawatt-hour battery cell plant in Voderady, Slovakia. The factory is scheduled to come online in 2024, with InoBat targeting an increase to 32 gWh, but the company hasn’t given a time frame for the ambitious rise.

The company began construction of a tech center and pilot line in June.

InoBat signed an agreement in April with Slovakian’s SOR to supply batteries for its forthcoming electric buses.

InoBat is targeting local and regional automakers, head of business Jonathan Carrier told Automotive News Europe in May.

Volkswagen Group, Jaguar Land Rover, Stellantis and Kia all have plants in Slovakia.

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