Lucid Motors has announced its new CEO, Silvio Napoli, as it raises over $1 billion and expands its robotaxi partnership with Uber Technologies to at least 35,000 vehicles. Napoli was previously Chairman and CEO of Schindler Group, a global manufacturer of elevators, escalators, and moving walks. Lucid also announced a new funding raise, consisting of a registered public offering of common stock and increased investments from existing partners like Uber. The company will relocate Napoli from Switzerland to the US and Marc Winterhoff will transition to the role of COO. Additionally, Lucid announced the pricing of its underwritten public offering for gross proceeds of $300 million.