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 have now efficiently launched the Lucid Gravity, I’ve determined it’s lastly the fitting time for me to step except for my roles at Lucid,” stated Rawlinson. “I’m extremely happy with the accomplishments the Lucid group have achieved collectively via my tenure of those previous twelve years. We grew from a tiny firm with an enormous ambition, to a well 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 keeping with 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 up as CEO. https://t.co/jV7bFYHZnX
— TESLARATI (@Teslarati) February 25, 2025
READ MORE ON LUCID MOTORS: Lucid Gravity order web page goes reside, begins at $95k and tops out at $126k totally loaded
“Together with his intensive background within the automotive trade, Marc is uniquely suited to main the corporate throughout this transition interval,” stated Turqi Alnowaiser, Chairman of the Board of Administrators. “The Board appears to be like ahead to partnering with Marc and our gifted senior management group as we execute our strategic initiatives to place the corporate for long-term development and gross margin enchancment. Beneath 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 automobile (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, 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 yr.
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Lucid shares Gravity SUV manufacturing unit video with CEO Peter Rawlinson
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