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Lucid CEO Rawlinson departs company as losses widen 

Under interim Chief Executive Marc Winteroff, Lucid will begin the processes of doubling production and launching a new SUV. By Stewart Burnett

Lucid Motors’ Chief Executive Peter Rawlinson has resigned unexpectedly as the struggling electric vehicle (EV) brand looks to turn its fortunes around. Following steep declines in its share price and widening net losses, the company plans to double its production capacity and introduce a new SUV model.

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