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Lucid Announces Promotion of Emad Dlala to Senior Vice President of Powertrain

1. Emad Dlala promoted to Senior VP of Powertrain at Lucid Group. 2. Dlala has been pivotal in powertrain technology development for Lucid vehicles. 3. He has over two decades of engineering experience in the industry. 4. Leadership change may enhance Lucid's EV technology and market position. 5. His contributions signal continued innovation in electric vehicle performance.

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Why Bullish?

Dlala's promotion underscores Lucid's commitment to innovation, potentially boosting investor confidence. Previous leadership changes have often positively influenced stock performance in similar companies.

How important is it?

The article highlights leadership that directly impacts Lucid's core technology, significant for future developments.

Why Long Term?

Leadership changes typically reflect strategic directions that influence long-term corporate growth, affecting market perception.

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, /PRNewswire/ -- Lucid Group, Inc. (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that Emad Dlala has been promoted to Senior Vice President of Powertrain, effective immediately. In this role, Emad will continue to be responsible for powertrain development and powertrain engineering, including drive units, power electronics and batteries as well as Lucid's efficiency and charging strategy. He previously served as Vice President of Powertrain. Emad Dlala, Senior Vice President of Powertrain "Since joining the company almost a decade ago, Emad has been instrumental in the development and advancement of Lucid's powertrain technology," said Peter Rawlinson, CEO and CTO of Lucid Motors. "This promotion reflects his exceptional leadership, dedication, and technical contributions, which have been highly influential to our widely accepted powertrain technology leadership." Dlala has been with Lucid in various technical roles since 2015 where he's led efforts to develop breakthrough technologies that achieved unmatched range and performance in the Lucid Air and leading technologies in the Lucid Gravity. He brings more than two decades of engineering experience to his current leadership role. Prior to Lucid, he worked as a Senior Application Engineer at ANSYS Inc. developing cutting-edge, computer-based engineering simulation technologies. Dlala holds a PhD and M.Sc. in Electrical Engineering from Aalto University, Finland, and a B.Sc. in Electrical Engineering from Al-Zawiya University, Libya. About Lucid GroupLucid (NASDAQ: LCID) is a Silicon Valley-based technology company focused on creating the most advanced EVs in the world. The award-winning Lucid Air and new Lucid Gravity deliver best-in-class performance, sophisticated design, expansive interior space and unrivaled energy efficiency. Lucid assembles both vehicles in its state-of-the-art, vertically integrated factory in Arizona. Through its industry-leading technology and innovations, Lucid is advancing the state-of-the-art of EV technology for the benefit of all.Investor Relations Contact[email protected]Media Contact[email protected]SOURCE Lucid Group WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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