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

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

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.

Peter Rawlinson, the CEO of EV maker Lucid, announced he would be stepping down after more than five years in that role.

Electric-vehicle maker Lucid Group said on Tuesday that Peter Rawlinson, its CEO for over 5 years, is stepping down from the role, and forecast its vehicle production will more than double this year,

Lucid Group Inc. will begin a search for a new leader after Chief Executive Officer Peter Rawlinson stepped aside to serve as an advisor to the electric-vehicle maker.

Lucid Group named Operating Chief Marc Winterhoff as its interim chief executive officer, succeeding Peter Rawlinson, who has stepped aside from the company’s top role.