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 search out Rawlinson’s successor.
“Now that we’ve efficiently launched the Lucid Gravity, I’ve determined it’s lastly the proper time for me to step apart from my roles at Lucid,” stated Rawlinson. “I’m extremely pleased with the accomplishments the Lucid workforce have achieved collectively by 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 Accomplice at Roland Berger for over 12 years, following his time at Arthur D. Little and LHS Communications, in accordance with his LinkedIn web page.
🚨 In an unbelievable flip of occasions, Lucid is transferring on from Peter Rawlinson at its CEO place. He’ll stay on as a Senior Technical Advisor.
COO Mark Winterhoff is taking up as CEO. https://t.co/jV7bFYHZnX
— TESLARATI (@Teslarati) February 25, 2025
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“Along with his intensive background within the automotive business, Marc is uniquely suited to main the corporate throughout this transition interval,” stated Turqi Alnowaiser, Chairman of the Board of Administrators. “The Board appears ahead to partnering with Marc and our gifted senior management workforce as we execute our strategic initiatives to place the corporate for long-term progress and gross margin enchancment. Underneath Marc’s management, we anticipate enterprise and operations to proceed as common.”
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 not too long ago gained entry to the Tesla Supercharger community, with the Air anticipated to realize entry within the second quarter.
In 2024, the posh EV maker produced 9,029 autos and delivered 10,241, typically beating analyst estimates. The corporate ought to proceed ramping Gravity manufacturing at its Casa Grande, Arizona manufacturing unit all through the subsequent a number of months, forward of plans to launch a yet-unveiled mid-size “Mannequin Y competitor,” that’s aiming for manufacturing late subsequent yr.
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Lucid shares Gravity SUV manufacturing unit video with CEO Peter Rawlinson
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