EV maker publishes Q2 production and delivery figures
Lucid Group (NASDAQ:LCID) produced 4,774 vehicles and delivered 3,953 vehicles during the second quarter ended 30 June 2026, according to a company announcement.
Alongside its quarterly production update, the electric vehicle manufacturer revealed a broad management restructuring led by Chief Executive Officer Silvio Napoli, designed to simplify the organisation and streamline reporting lines.
New CFO among six executive appointments
As part of the leadership changes, Alexander De Bock has been appointed Chief Financial Officer, succeeding Taoufiq Boussaid, who will remain with the company during a transition period and assist through the release of Lucid’s second-quarter financial results.
De Bock previously served as Chief Financial Officer at TI Automotive.
Lucid also named Raja Ramana Macha as Chief Technology Officer. He joins the company after serving as Executive Vice President and Chief Technology Officer at Eaton.
Billy Hayes has been appointed Chief Customer Officer with immediate effect. He will oversee sales, service, marketing and regional profit-and-loss responsibilities across the United States, the Middle East and Europe. Hayes previously held senior leadership positions at Nissan and Stellantis.
Company strengthens technology and transformation teams
Hugo Martinho will assume the role of Chief Transformation Officer from 1 August, leading Lucid’s newly established Business Process organisation. He brings more than two decades of experience from Schindler Group.
Kay Stepper has been named President of Lucid Technologies and Chief Digital Officer, effective immediately. She will oversee the company’s robotaxi, artificial intelligence, autonomous driving and advanced driver-assistance system (ADAS) initiatives, with Lucid Technologies operating as a standalone business unit.
In addition, Christian Appel has been promoted to Vice President of Program Management.
Napoli outlines organisational strategy
Commenting on the changes, Napoli said:
“We are simplifying the organization, strengthening leadership, enforcing accountability and aligning our structure with the priorities that matter most: customers, quality, and innovation.”
Lucid also confirmed it will release its full second-quarter financial results on 4 August 2026 at 2:30 p.m. PT.