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flag Lucid Group's CEO steps down, aiming to double vehicle production to 20,000 units by 2025 despite recent losses.

flag Lucid Group's CEO, Peter Rawlinson, has stepped down and will serve as a strategic technical advisor. flag Marc Winterhoff, the current COO, will take over as interim CEO. flag The company plans to more than double its vehicle production to 20,000 units in 2025. flag Despite a net loss of $636.9 million in the fourth quarter of 2022, Lucid's board is searching for a new CEO to lead the company forward.

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