Lucid Motors’ chief engineer leaves after 10 years

Lucid Motors’ chief engineer leaves after 10 years

Lucid Motors’ chief engineer Eric Bach is leaving the company after more than a decade, the company has announced.

(*10*)Bach, who also served as Lucid Motors’ Senior Vice President of Product, has been with the company since 2015. He joined Lucid after spending three years as Tesla’s Director of Engineering, the place he labored alongside Lucid Motors’ former CEO and CTO Peter Rawlinson. Bach spent more than 10 years at Volkswagen before Tesla.

(*10*)TechCrunch has discovered that Lucid’s VP of Engineering, James Hawkins, is also not with the company after spending 10 years there. Lucid Motors declined to particularly touch upon his departure.

(*10*)Bach’s and Hawkins’ departures are a part of a wider shake-up announced Wednesday. Lucid Motors’ Vice President of Quality, Jeri Ford, is retiring as properly. She shall be changed by Marnie Levergood, who’s coming to the company from Scout Motors.

(*10*)At the same time, Lucid Motors’ current Senior Vice President of Powertrain, Emad Dlala, is being elevated to supervise all of “Engineering and Digital.” Dlala was promoted as soon as already earlier this yr and has been with the company since 2015.

(*10*)The government shake-up comes as Lucid enters its ninth month without a everlasting CEO after Peter Rawlinson instantly resigned in February. Former chief working officer Marc Winterhoff has been serving as CEO on an interim foundation ever since.

(*10*)The loss of Bach and Ford is the latest in a line of government departures at Lucid Motors. The company’s head of investor relations, Senior Vice President of Operations, Managing Director for Europe, and the Vice Presidents of Software Quality and Marketing have all left within the last yr.

(*10*)The adjustments are occurring at a vital second in Lucid Motors’ historical past. The company lastly launched its long-awaited luxurious SUV, the Gravity, which the company expects will finally be more profitable than the Air sedan, which it has struggled to promote.

(*10*)Lucid Motors is also engaged on a midsized automobile that shall be priced nearer to $50,000 in 2026, though it has said it doubtless wants to boost more cash before that occurs. On Wednesday, Lucid Motors announced that its majority proprietor — Saudi Arabia’s sovereign wealth fund — had boosted the cap of a mortgage settlement from $750 million to round $2 billion, which offers the company liquidity until 2027.

(*10*)This story has been up to date with more data about departures and the amended mortgage settlement announced Wednesday.

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