Lucid Group has appointed Silvio Napoli as its chief executive officer, effective immediately, as the electric vehicle manufacturer seeks to strengthen execution and navigate ongoing production challenges.
Napoli’s appointment follows an earlier announcement in April that he would assume the leadership role. He succeeds Marc Winterhoff, who had been serving as interim CEO and will now return to his previous position as chief operating officer, reporting directly to Napoli.
Leadership Transition
Lucid Chairman Turqi Alnowaiser said the board remains confident in the company’s direction under Napoli’s leadership.
“On behalf of the Board, we are pleased to have Silvio as CEO at this important stage for Lucid,” said Alnowaiser.
“The Board remains fully committed and focused to Lucid’s long-term future, and we have strong confidence in Silvio’s leadership.”
Napoli brings decades of industrial and operational experience to the role, having most recently served as chairman and chief executive officer of Schindler Group. His background includes managing global operations, financial performance and technology-focused businesses.
Focus on Execution and Efficiency
Napoli said his immediate priorities include improving operational consistency, increasing customer engagement and enhancing organizational efficiency.
“After spending time with our teams and gaining deeper firsthand experience with our products and technology, I’m increasingly confident in our ability to deliver consistent execution and long-term value,” said Napoli.
“Our focus will be on strengthening customer engagement, operating with consistency and accountability, achieving cost competitiveness and streamlining our organization and processes to fully leverage the strength of our team.”
The leadership change comes as Lucid works to scale production of its expanding vehicle lineup while managing supply chain constraints.
Production Outlook Under Review
In early May, Lucid withdrew its annual production guidance for 2026 after supplier-related issues affected deliveries and revenue during the first quarter.
The company said shortages involving seat components for the Lucid Gravity sport utility vehicle significantly disrupted deliveries during the period, leading management to reassess production expectations.
Despite the supply chain challenges, Lucid produced 5,500 vehicles during the first quarter of 2026, a 149% increase compared with the same period a year earlier.
The California-based automaker is betting on the Lucid Gravity, its second production model after the Lucid Air sedan, to broaden its customer base and support future growth as competition intensifies in the premium electric vehicle market.
Napoli’s appointment marks the latest step in Lucid’s efforts to improve operational performance while pursuing long-term expansion in the global electric vehicle industry.
