Lucid’s CEO steps down, as EV maker aims to double production

image via The Verge

February 26, 2025, 2:51 PM

• •Lucid Motors CEO Peter Rawlinson will step down
• •Rawlinson will assume the role of 'Strategic Technical Advisor to the Chairman of the Board'
• •Lucid expects to sell 20,000 vehicles in 2025, nearly double the 10,241 EVs it delivered in 2024

Lucid Motors founder and CEO Peter Rawlinson will step down, as the luxury EV company sets its sights on doubling production over the next year. Rawlinson won’t be leaving the company. Instead, he’ll be assuming the role of “Strategic Technical Advisor to the Chairman of the Board,” the company said. Chief operating officer Marc Winterhoff will serve as interim CEO while the board initiates a search for a new chief executive.

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