Lucid has appointed Silvio Napoli, former leader of Schindler Holding, as its new CEO. This leadership change coincides with a significant investment of $750 million from Uber and Saudi Arabia’s Public Investment Fund, aiming to support Lucid’s growth and innovation in the electric vehicle sector. Napoli’s experience in managing global operations is expected to guide Lucid through its next phase of expansion.
The announcement was featured in an interview with Ed Ludlow on Bloomberg Technology, where Napoli discussed his vision for Lucid’s future. The video content is publicly accessible on YouTube and available through NovaTube News, a platform that aggregates video news without requiring user registration. NovaTube News collects minimal technical data to enhance user experience and operates with a focus on privacy, avoiding tracking cookies and adhering to regulations such as GDPR for users in the European Union.