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

Rolinson will not leave the company. Instead, the role of the “Strategic Technical Adviser to the Chairman of the Board of Directors” will assume, the company said. The Executive Director of Operations, Mark Winterhehof, will work as the temporary CEO while the Board of Directors begins to search for the new CEO.

“Now that we have successfully launched clear gravity, I decided that this is the time for me to move from my roles in Lucid,” Rolinson said in a statement. “I am incredibly proud of the achievements of the Lucid team together during the period The wonderful global organization, because Lucid was always first and foremost.

“I decided that this is the time for me to step down from my roles in Lucid.”

Driving mixing in the leadership comes clear for the next year. The company says it expects to sell 20,000 vehicles in 2025, approximately 10,241 EVS that it provided in 2024. The updated guidance was announced as part of The fourth quarter profits of the company. Lucid has reported a net loss attributed to ordinary shareholders of $ 636.9 million for a period of three months ending December 31.

Lucid said she had received $ 234.4 million for the fourth quarter, above 807.8 million dollars for the whole year. The company lost $ 3.06 billion, attributed to ordinary shareholders in 2024, and ended the year with $ 6.13 billion in total liquidity.

The production of production will be a difficult achievement for Lucid, as most analysts expect that the EV share of the retail market will remain constant this year. It is especially difficult for luxury EV as Lucid, with Most growth occurs in the comprehensive market sector. But Lucid has great hopes for that Gravity SuvAnd that has just started its first connections in late last year. The company says it plans to gradually intensify production during the year.

Lucid said that the SUVs will get up to 440 miles of the range, serve 800 hp, and accelerate 0-60 miles per hour in less than 3.5 seconds. Gravity will also be the first Lucid vehicle that comes with it The original NACS charging port This is compatible with the Tesla Supercharger network.

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