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Lucid’s Elevator CEO Gets A $1.5M Salary, Two Company Cars, And A $1M Moving Allowance

  • Lucid Motors has named Silvio Napoli as their new CEO.
  • Company also announced $750 million worth of investments.
  • Uber is increasing their Lucid order by at least 15,000 units.

Lucid Motors should be doing great as they finally added a much-needed crossover to their lineup in the form of the Gravity. The model was recently named World Luxury Car, but it hasn’t reversed the company’s fortunes.

Given this, the automaker has announced a series of developments including the appointment of a new CEO. Silvio Napoli has been tapped for the top spot and he’ll replace interim CEO Marc Winterhoff, who will be transitioning to COO.

More: Uber And Lucid Partner For Thousands Of Robotaxis

While Napoli isn’t a household name, he was previously CEO of Switzerland’s Schindler Group, which makes elevators, escalators, and moving walks. That’s not exactly automotive experience, but Lucid praised his “deep operational expertise, financial discipline, and track record of leadership in innovation.”

 Lucid’s Elevator CEO Gets A $1.5M Salary, Two Company Cars, And A $1M Moving Allowance

In a Form 8-K filing, Lucid revealed Napoli will have a base salary of $1,500,000 and the potential to make $4,500,000 if certain performance targets are hit. He’s also getting up to $25,000 per month in temporary housing expenses for half a year as well as a “lump sum payment of $1,000,000 to cover any expenses in connection with moving to the US.”

Napoli will also get two company cars, security, as well as tax and financial planning support. If that wasn’t enough, the company also mentioned a “long-term incentive grant” with a target value of $9,500,000.

Bigger Uber Order And New Investments

 Lucid’s Elevator CEO Gets A $1.5M Salary, Two Company Cars, And A $1M Moving Allowance

Besides announcing a new CEO, Lucid revealed Uber is increasing their previously announced order of at least 20,000 Gravity SUVs to be used as robotaxis as part of a three-way tie up with Nuro. The service is scheduled to launch this year in the San Francisco Bay area and eventually spread to dozens of markets around the world.

The order has now been expanded to at least 35,000 vehicles and the ride-hailing giant has also promised to invest an additional $200 million into Lucid. This will raise their total investment into the firm to $500 million.

 Lucid’s Elevator CEO Gets A $1.5M Salary, Two Company Cars, And A $1M Moving Allowance

Uber isn’t the only one forking over the dough as the Ayar Third Investment Company is pumping $550 million into Lucid. They’re an affiliate of Saudi Arabia’s Public Investment Fund, which is a major backer of the automaker.

Winterhoff said “Today’s announcement demonstrates the growing strength of our relationship with Uber, our continued partnership with the PIF, and the benefits our software-defined EV platforms bring to next-generation mobility networks.” He added, “This is yet another milestone in our partnership with Uber and Nuro, and we look forward to building on our momentum together in the years to come.”

 Lucid’s Elevator CEO Gets A $1.5M Salary, Two Company Cars, And A $1M Moving Allowance

Lucid Is Blaming Someone Else For The Gravity’s Second Recall In Four Months

  • Lucid’s second Gravity recall stems from a supplier change no one approved.
  • A seatbelt anchor weld falls short of federal safety requirements in most SUVs.
  • Affected owners will have their seats repaired or replaced at no charge.

Just a few months after the Lucid Gravity was recalled over seat covers that could prevent the airbag from functioning properly, the electric luxury SUV has been recalled yet again. This time, it’s due to a potential defect in the second-row seatbelt anchors.

The EV maker says that during internal tests for another issue, it discovered the outboard lap belt anchor bracket weld in the second row is shorter than it should be and not positioned correctly. The reason? Lucid says seat manufacturer Camaco made a change to the manufacturing process without notifying the company or obtaining its approval.

Read: Wrong Seat Covers Could Stop This EV’s Airbags From Saving You

Vehicles with an insufficiently welded lap belt anchor fail to comply with Federal Motor Vehicle Safety Standards and may increase the risk of injury in a crash. Unlike December’s recall, which impacted just 66 vehicles, this one is much more widespread.

In fact, the recall involves 4,476 Lucid Gravity models built from December 2, 2024, to February 3, 2026, and listed as 2025-2026 model year vehicles. Of these, 97 percent are estimated to have the issue.

What Happens Next?

 Lucid Is Blaming Someone Else For The Gravity’s Second Recall In Four Months

This recall comes shortly after Lucid issued a brief stop-sale for the Gravity earlier this year as it ran tests to determine whether the seat belts could meet safety standards with or without a reinforcing bracket. Even with a bracket, they failed to meet load requirements, prompting Lucid to ensure the components sourced from Camaco meet its standards.

Lucid will start informing its owners of the recall on May 22. Dealers will inspect impacted vehicles, and if a non-conforming weld is found, it will be repaired with either a reinforcing bracket and adhesive or, if necessary, the entire seat will be replaced free of charge.

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A Hyundai Beat The BMW M2 CS For World Performance Car Of The Year

  • BMW’s iX3 took home two trophies at the 2026 World Car Awards.
  • Lucid’s Gravity SUV beat the Cadillac Vistiq for a major global title.
  • Gas-powered cars didn’t win a single category at this year’s event.

Electric vehicles have dominated the World Car Awards as they’ve won every single category this year. This is hardly surprising as many of the finalists were EVs, but it likely won’t alleviate criticism.

Top honors went to the BMW iX3 which was named 2026 World Car of the Year as well as World Electric Vehicle. In the former category, it beat out the redesigned Hyundai Palisade and Nissan Leaf. The Leaf was also up for being named World Electric Vehicle, but it and the Mercedes CLA lost to the German crossover.

More: Ford Won North American Truck Of The Year With A Trim

Speaking of luxury brands, the Lucid Gravity was named World Luxury Car. The electric crossover, which offers up to 450 miles (724 km) of range, bested the Cadillac Vistiq and Volvo ES90.

That brings us to the most controversial award, which is World Performance Car. Here, the Hyundai Ioniq 6 N beat the BMW M2 CS and Chevrolet Corvette E-Ray.

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While a 641 hp (478 kW / 650 PS) Hyundai is certainly impressive, is it really more of a performance car than a 523 hp (390 kW / 530 PS) coupe that accelerates from 0-60 mph (0-96 km/h) in 3.7 seconds and laps the Nordschleife in 7:25.534? The E-Ray, on the other hand, has all-wheel drive, an EV-only mode, and a combined output of 655 hp (488 kW / 664 PS).

Since you’re probably still stewing over that, we’ll finish up with the two categories little care about. World Urban Car went to the Nio Firefly, which beat out the Hyundai Venue as well as the Baojun Yep Plus / Chevrolet Spark EUV.

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There’s also World Car Design of the Year, which was apparently decided by Mr. Magoo. The Mazda 6e / EZ-6 took home the prize as it won over the Kia PV5 and Volvo ES90. None of them are particularly pretty, but the 6e isn’t too shabby and the finalists were chosen by a design panel of people you’ve probably never heard of before.

2026 World Car Awards
World Car of the YearBMW iX3
World Electric VehicleBMW iX3
World Luxury CarLucid Gravity
World Performance CarHyundai Ioniq 6 N
World Urban CarNio Firefly
Car Design of the YearMazda 6e / EZ-6
SWIPE

Gravity Dragged This Lucid’s Value Down $46,000 In Just 3 Months

  • The Gravity Dream Edition packs 1,070 hp and 909 lb-ft.
  • Early resale prices show the luxury EV losing value quickly.
  • The base version starts under $80,000 with 560 hp.

If you were among those who rushed to buy a new Lucid Gravity, you may want to look away now. Early resale results can reveal a lot about how the market values a new model. A flagship Dream Edition with just 3,500 miles (5,632 km) has sold for $96,000, nearly $46,000 below its original MSRP, offering a clear snapshot of how buyers currently price the SUV on the used market.

There’s a lot to like about the Gravity, particularly the Dream Edition model. It features a 123 kWh battery pack, four electric motors, and a combined 1,070 hp and 909 lb-ft of torque. Does anyone need an SUV with this much power? No, but being able to hit 60 mph (96 km/h) in 3.1 seconds and storm down the quarter-mile in 10.6 seconds in a luxury SUV is still pretty cool.

Read: He Sold His $142K Lucid At A Huge Loss After Just 400 Miles Of EV Reality

The Dream Edition is also equipped with all the luxury features you could ever want, including the Comfort and Convenience Package, which adds soft-close doors and power rear window shades, alongside an AR HUG, dynamic ambient lighting, and Nappa leather upholstery and seats with heated, ventilated, and massaging functions.

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Cars & Bids

Perhaps the biggest downside of the Dream Edition is the cost. In the US, it has an MSRP of $141,550, including destination charges, which feels like a lot, particularly given that the entry-level Gravity Touring with 560 hp is available from just $79,900.

Sure, it has roughly half the power, but most of the same features. Additionally, the 828-hp Gravity Grand Touring starts at $94,900, and also seems like a relatively bargain compared to the Dream Edition.

As the Cars & Bids auction shows, depreciation has been significant. This particular example was registered in early December and driven just 3,500 miles, yet it lost $45,550 in value. That works out to roughly $13 lost for every mile driven.

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Cars & Bids

Gravity Finally Gets What Lucid Drivers Have Been Asking For

  • Lucid adds CarPlay and Android Auto to Gravity via OTA update.
  • New Gravity models get it standard, and the Air already has it.
  • The update addresses a long running request from many owners.

Every automaker has its own take on how infotainment should work. Android Auto and Apple CarPlay make that experience far more uniform. Up until now, though, Lucid Gravity owners haven’t had access to either. Now, a big software update is coming, and it’ll remedy the situation for the luxury SUV owners.

The update is part of the latest version of Lucid’s software, and it allows drivers to connect their phones to access navigation, music, messages, and apps directly through the vehicle’s infotainment display. Both wireless and wired connections are supported, depending on the device. According to Lucid, the rollout begins in North America first, with other markets expected to follow shortly after.

CarPlay And Android Auto Arrive

The addition of smartphone mirroring may seem like a small update, but it’s a big deal for owners. Apple CarPlay and Android Auto are among the most requested features in modern vehicles, and their absence has been a frequent complaint from Lucid customers despite the company’s otherwise advanced software system.

 Gravity Finally Gets What Lucid Drivers Have Been Asking For

“Apple CarPlay and Android Auto are two of the most sought-after features by our customers,” said Emad Dlala, SVP of Engineering and Software at Lucid. “We are now providing a seamless connection between mobile devices and the Lucid Gravity. We’re excited to introduce these features to Lucid Gravity, which now offers even greater comfort and convenience for owners.”

Read: Lucid Shows Its Pedal-Free Future As It Confirms Subscription For Its Current Cars

From here on, every new Gravity leaving the factory will include Apple CarPlay and Android Auto as standard equipment. The Air sedan already lists both systems on its infotainment menu, so the SUV was the obvious next step.

Do Older Gravity Models Get It?

Yes, existing Gravity owners will receive the capability through the OTA update without needing to visit a dealer. This is a key selling point for the brand; not just these pieces of software themselves, but the ability to update the car.

According to Lucid, more than 95 percent of the vehicle’s functions can be refined or expanded through over-the-air updates. Put another way, it hopes to consistently introduce new capabilities without hardware changes. This move will no doubt add value to potential buyers.

 Gravity Finally Gets What Lucid Drivers Have Been Asking For
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