Lucid's CEO Peter Rawlinson has relinquished his role, leading the company in search of a new permanent leader.

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson has stepped down. The company expects to more than double vehicle production this year to 20,000 units. For the period ended Dec.

Peter Rawlinson led the luxury car maker for over a decade and has been replaced by interim CEO Marc Winterhoff.

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.

Electric-vehicle maker Lucid Group said on Tuesday that CEO Peter Rawlinson is stepping down. Lucid forecast its vehicle production will more than double this year.

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

Peter Rawlinson has surprisingly moved into an advisory role, leading COO Marc Winterhoff to be appointed as Lucid's interim CEO.

Lucid Group CEO Peter Rawlinson has stepped down as the electric vehicle maker aims to more than double production units this year. Chief Operating Officer Marc Winterhoff will serve as interim CEO, and Rawlinson will remain a strategic technical advisor.

You'd think the CEO would have given the company time to hire a replacement. Winterhoff confirmed on the call that Lucid is “expecting deals to close soon,” but didn’t offer any additional details. The 2025 Lucid Air is already considered the “world’s most efficient car” with a record 5 miles/kWh.