Electric-vehicle maker Lucid Group said on Tuesday that Peter Rawlinson, its CEO for over 5 years, is stepping down from the role, and forecast its vehicle production will more than double this year,

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.

Lucid Group CEO Peter Rawlinson has stepped down as the electric vehicle maker aims to more than double production units this year. Chief Operating Officer Marc Winterhoff will serve as interim CEO, and Rawlinson will remain a strategic technical advisor.

By Maki Shiraki, Daniel Leussink and Norihiko Shirouzu TOKYO (Reuters) -Japan's Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday, adding that embattled CEO Makoto Uchida is currently expected to hang on to his job.

Nissan directors are gauging interest in candidates to succeed Makoto Uchida, the 22-year company veteran who’s been CEO since late 2019, sources said.

Nissan Motor is considering replacing its CEO Makoto Uchida as investor confidence wanes following the breakdown of merger talks with Honda Motor Co, according to Bloomberg News. The collapse of the proposed $60 billion deal has intensified concerns about Nissan’s long-term strategy and leadership,