Lucid Motors CEO Peter Rawlinson has stepped down as the corporate’s high govt this week, and the corporate has named an interim chief because it begins the seek for a successor.
On Tuesday, Lucid introduced in a press launch that Peter Rawlinson will transition from the function of CEO to a Strategic Technical Advisor to the Chairman of the Board. In the meantime, the corporate has moved Chief Working Officer Marc Winterhoff because the interim CEO, and the Board has already begun a search to seek out Rawlinson’s successor.
“Now that now we have efficiently launched the Lucid Gravity, I’ve determined it’s lastly the appropriate time for me to step apart from my roles at Lucid,” mentioned Rawlinson. “I’m extremely happy with the accomplishments the Lucid crew have achieved collectively by means of my tenure of those previous twelve years. We grew from a tiny firm with an enormous ambition, to a widely known technological world chief in sustainable mobility.”
Rawlinson beforehand labored as Tesla’s Vice President and Chief Engineer for the Mannequin S, and he went on to assist discovered and launch Lucid in 2016. Winterhoff has held the place of COO since being employed by Lucid in December 2023. Previous to that, he was a Senior Companion at Roland Berger for over 12 years, following his time at Arthur D. Little and LHS Communications, in response to his LinkedIn web page.
🚨 In an unbelievable flip of occasions, Lucid is shifting on from Peter Rawlinson at its CEO place. He’ll stay on as a Senior Technical Advisor.
COO Mark Winterhoff is taking on as CEO. https://t.co/jV7bFYHZnX
— TESLARATI (@Teslarati) February 25, 2025
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“Together with his in depth background within the automotive trade, Marc is uniquely suited to main the corporate throughout this transition interval,” mentioned Turqi Alnowaiser, Chairman of the Board of Administrators. “The Board appears to be like ahead to partnering with Marc and our proficient senior management crew as we execute our strategic initiatives to place the corporate for long-term progress and gross margin enchancment. Underneath Marc’s management, we count on enterprise and operations to proceed as standard.”
The information comes after Lucid in late December started delivering the Gravity SUV, its second electrical car (EV) to launch after the Air sedan in 2021. Lucid’s Gravity SUVs additionally lately gained entry to the Tesla Supercharger community, with the Air anticipated to realize entry within the second quarter.
In 2024, the luxurious EV maker produced 9,029 autos and delivered 10,241, usually beating analyst estimates. The corporate ought to proceed ramping Gravity manufacturing at its Casa Grande, Arizona manufacturing unit all through the following a number of months, forward of plans to launch a yet-unveiled mid-size “Mannequin Y competitor,” that’s aiming for manufacturing late subsequent 12 months.
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Lucid shares Gravity SUV manufacturing unit video with CEO Peter Rawlinson
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