The firm has set a production target of around 20,000 vehicles for 2025, up from 9,029 vehicles reported in 2024.

Lucid Motors is changing CEOs for the first time in nearly six years. The company announced Tuesday that Peter Rawlinson is stepping down from the CEO and

Electric-vehicle startup Lucid’s Chief Executive, Peter Rawlinson, resigned Tuesday, sparking a search for a new leader at a crucial time for the young company.Rawlinson led Lucid since 2019 and guided the startup through its public debut in 2021.

Lucid said COO Marc Winterhoff will be chief executive on an interim basis. The company’s stock rose 6 percent in after-hours trading on the news.

Lucid Group began the search for a new leader following the resignation of its CEO, Peter Rawlinson, who will transition into an advisory role for the

In a surprising move, Lucid Motors CEPO Peter Rawlinson stepped down before the Q4 2024 earnings call, as the company reported widening losses

EV maker Lucid Motors' (LCID) stock rose 9% in pre-market trading on Wednesday following the company's better-than-expected results — and a change at the top of its management. Lucid CEO and CTO Peter Rawlinson,

Electric-vehicle maker Lucid Group said on Tuesday that Peter Rawlinson, its CEO for over 5 years, is stepping down from the role, and forecast its vehicle production will more than double this year,

Lucid Group, the Saudi-backed EV company that makes its luxury vehicles in Arizona, now has an interim its CEO as its longtime top exec stepped down.

CEO Peter Rawlinson is stepping down after over five years, with operating chief Marc Winterhoff taking over as interim CEO. The announcement coincided with Lucids forecast to more than