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GMG launches technology division to fuel future growth

Posted on 03 Jul 2022 and read 812 times
GMG launches technology division to fuel future growthThe Gordon Murray Group (GMG) has launched a new technology division, which will include new facilities in the UK and the USA, to help propel the successful business foward.

Professor Gordon Murray, formerly Group CEO has been announced as executive chairman of the business, with responsibility for all product development and design. His role as Group CEO has been passed to Philip Lee who will lead the Group’s future growth and financial and commercial performance.

The Gordon Murray Group now encompasses two major divisions: Gordon Murray Technology ((GMT) and Gordon Murray Automotive (GMA). The GMT business is made up of Gordon Murray Design, Gordon Murray Electronics and has been incorporated to serve global automotive companies for every aspect of vehicle development, design and manufacturing. The division is already developing two advanced all-electric SUVs, one for a major car manufacturer, and is in advanced discussions with global automotive businesses for future projects.

Professor Murray said: “The company is going from strength to strength and we have had unprecedented expansion since 2020. This announcement and the streamlining of our business is testament to that, as we are intent on continuing and amplifying that success with further growth.

“GMA is in a strong position. Our world-beating supercars, the T.50, T.50s track car and recently announced T.33 are already sold out. The T.50, especially, is in the final stages of development and will be in the hands of its first customers soon and there is a lot more exciting news to come.

“Despite the success of GMA, our major growth opportunity now lies with GMT. We have a highly talented team, capable of working with a global client base, transforming electric vehicles (EVs), connectivity and, eventually, autonomous transportation. There are innovative projects already in the pipeline and we have plans to further increase our influence on global vehicle development and transformative manufacturing processes with the latest incarnation of iStream.

“People will reconsider what EVs are capable of and I am looking forward to personally overseeing these fascinating projects. As with GMA, GMT will adhere to seven key principles to ensure that its projects and products embody the ethos of the group and they represent best-in-class performance, energy efficiency, design, innovation and sustainability. The seven principles are: driving perfection; performance through light-weighting; engineering excellence; sustainable mobility; disruptive technologies; low energy solutions; and innovation by design.

Mr Lee said: “We are already bucking the trend with a UK headquartered automotive business that is well funded, profitable, and growing quickly. This robust and focused plan for our business builds on that platform and prepares us well for further expansion and success. Not just for GMA, but for GMT which is already applying its world-leading vehicle design, development, and manufacturing expertise to creating lightweight, game-changing EVs. We are confident that we can attract many new customers that will take advantage of our leading technologies and expertise.

“On a personal note, I am extremely excited to be working closely with Gordon to continue to grow the business that he founded. His ethos, energy, and inspiration inspires us every day and, together, we are immensely excited about the future potential.”

Both Gordon Murray Automotive and Gordon Murray Technology will be headquartered in the Group’s new £50 million global headquarters and technology campus, sited in Windlesham Surrey. Development on the project has already commenced and it will be fully completed by 2024.

The company has also recently opened a facility in Warwick to take advantage of the skills in the area and to accommodate the Group’s rapidly growing headcount which by the end of 2022 will have quadrupled in just two years. Global expansion will grow this even further and the company is currently looking at facilities in the USA.