Lucid names manufacturing veteran Napoli as permanent CEO

Silvio Napoli, former CEO of industrial-equipment maker Schindler Group, becomes Lucid Motors' permanent chief executive, ending a 14-month interim spell. The move reflects the board's shift away from engineering-first leadership toward operational discipline. Napoli's manufacturing experience addresses Lucid's core challenge: ramping Gravity SUV production while managing costs as battery prices fall industrywide.