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Silvio Napoli Assumes Role as CEO of Lucid Following Completion of Leadership Transition

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NEWARK, Calif., June 1, 2026 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced software-defined vehicles and technologies, today announced that Silvio Napoli has assumed the role of Chief Executive Officer (CEO), effective immediately.

Napoli was previously announced as incoming CEO on April 14.

“On behalf of the Board, we are pleased to have Silvio as CEO at this important stage for Lucid,” said Turqi Alnowaiser, Chairman of the Lucid Board of Directors. “The Board remains fully committed and focused to Lucid’s long-term future, and we have strong confidence in Silvio’s leadership.”

“After spending time with our teams and gaining deeper firsthand experience with our products and technology, I’m increasingly confident in our ability to deliver consistent execution and long-term value,” said Napoli. “Our focus will be on strengthening customer engagement, operating with consistency and accountability, achieving cost competitiveness and streamlining our organization and processes to fully leverage the strength of our team.”

Napoli brings decades of global industrial leadership experience, most recently serving as Chairman and Chief Executive Officer of Schindler Group. His background spans large-scale global operations, financial management, and technology-driven businesses.

Marc Winterhoff, who has served as Interim CEO, has resumed his role as Chief Operating Officer and will report to Napoli.

About Lucid Group

Lucid Group, Inc. (NASDAQ: LCID) is a technology company creating exceptional mobility experiences through innovation to drive the world forward. Built on Lucid’s proprietary technology and software-defined vehicle architectures, the company’s lineup of award-winning vehicles brings Lucid’s “Compromise Nothing™” approach to premium segments of the global automotive market. Lucid designs and engineers its products in-house and assembles at its vertically integrated facilities in Arizona and Saudi Arabia, enabling continuous innovation across vehicles, software, and advanced driver assistance and autonomy-ready capabilities.

Forward-Looking Statements

This communication includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “shall,” “expect,” “anticipate,” “believe,” “seek,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding management’s focus areas and priorities. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of the Company. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the cautionary language and the Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025, Current Reports on Form 8-K, and other documents the Company has filed or will file with the Securities and Exchange Commission. If any of these risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company currently does not know or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s expectations, plans or forecasts of future events and views as of the date of this communication. The Company anticipates that subsequent events and developments will cause the Company’s assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Investor Relations Contact
investor@lucidmotors.com 

Media Contact
media@lucidmotors.com 

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SOURCE Lucid Group

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Scania launches battery-electric CrewCab for rescue vehicles

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Scania launches its first-ever battery-electric CrewCab for fire, airport and civil rescue operations.

SÖDERTÄLJE, Sweden, June 1, 2026 /PRNewswire/ — The new battery-electric CP31L 4×2 is purpose-built to support demanding emergency operations while enabling transport operations with zero tailpipe emissions. Equipped with 356 kWh installed battery capacity and a 90 percent state-of-charge window, the vehicle combines operational capability with electric performance.

Designed with free frame sides, the new CrewCab offers flexible bodybuilder opportunities and can be adapted to suit a wide range of customer applications and operational needs.

“We are delighted to be launching our new Scania BEV CrewCab” says Louise Johansson, Solutions Manager at Scania Commercial with responsibility for the Fire & Rescue, Airport and Recovery segment.

“The addition of this new cab for battery-electric power underlines our commitment to supporting the electrification of our customers’ fleets – combining sustainability, operational reliability and long-term profitability.”

The new CrewCab is developed to meet the segment’s growing demand for low and zero-emission solutions without compromising on safety, uptime or crew comfort. Designed for challenging environments and mission-critical operations, it provides the space, accessibility and reliability rescue teams depend on.

Learn more about Scania’s battery-electric truck offering and solutions for fire and rescue operations.

CONTACT:

For further information, please contact:
Louise Johansson
Solutions Manager, Scania
Phone: +46 70 085 62 02
E-mail: louise.johansson@scania.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/scania/r/scania-launches-battery-electric-crewcab-for-rescue-vehicles,c4354535

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Side view of Scania battery-electric CrewCab

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Side view of Scania battery-electric CrewCab (full size image)

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Scania battery-electric CrewCab from above

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Battery pack installation on Scania battery-electric CrewCab

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Three-quarter view of Scania battery-electric CrewCab

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Front view of Scania battery-electric CrewCab

 

View original content:https://www.prnewswire.com/news-releases/scania-launches-battery-electric-crewcab-for-rescue-vehicles-302786882.html

SOURCE Scania

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CRIF India Launches Kolkata Chapter of ‘Credit Goes to HER’ to Empower Women in the Credit Ecosystem

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KOLKATA, India, June 1, 2026 /PRNewswire/ — CRIF India, part of the global CRIF network, has launched the first regional chapter of ‘Credit Goes to HER’ in Kolkata, West Bengal, focused on strengthening women’s leadership and influence in the credit ecosystem.  The initiative, launched in March this year is designed to drive grassroots impact by building a community of women professionals who are both shaping credit and enabling access to credit for women across segments. This comes at a time when women are playing an increasingly significant role in India’s formal credit economy yet remain underrepresented in leadership roles that shape credit policies and products.

Insights show that nationally, women-led business loans have grown by 61.1%, and women now account for 41% of new-to-credit borrowers (up from 33% two years ago). Women borrowers also demonstrate strong credit behaviour, with lower delinquency levels compared to men, and a rising presence in secured lending segments. ‘Credit Goes to HER’ seeks to build on this momentum by bringing together women professionals across lending, risk, analytics, NBFCs, fintech, and policy, creating a platform to amplify their voice and participation in shaping the future of credit.

Kolkata has been chosen for the first regional chapter given Eastern India’s robust credit growth and lending landscape. West Bengal’s retail credit market witnessed healthy growth as of March 2026, with total retail loans rising 17.2% YoY to ₹583.9K crore, while active loans grew 8.9% YoY to 332 lakh accounts. Consumption loans stood at ₹368.4K crore, up 13% YoY, led by strong growth in Gold Loans (+54.1% YoY) and Sole-proprietor Loans (+25.2% YoY).

The Kolkata chapter will serve as a local arm of the community platform for women across banks, NBFCs, fintechs, and other financial services to share knowledge, seek mentorship and collaborate on more inclusive credit practices. The launch event in Kolkata saw participation from senior women leaders of the region’s BFSI sector, including Nina Bairagi (Deputy General Manager, State Bank of India), Arpita Sen (Senior Vice President, Bandhan Bank), Jyoti Sharma (General Manager, UCO Bank), and Sharoni Pal (Head of Credit, Arohan Financial Services Limited).

Join the community: (5) Credit Goes To HER – Women in Credit, Credit for Women (Curated by CRIF India) | Groups | LinkedIn

About CRIF:

CRIF India is a leading provider of credit information, business intelligence, analytics, software and digital solutions for banks, financial institutions, NBFCs, insurance companies, telecom providers, MSMEs, corporates, and consumers across India. Through its group entities, including CRIF High Mark Credit Information Services Private Limited and CRIF Solutions, CRIF India supports responsible lending, financial inclusion, and data-driven decision-making.

Licensed by the Reserve Bank of India under the Credit Information Companies (Regulation) Act, 2005, CRIF High Mark operates one of India’s leading credit bureaus with data contributions from over 5,000 member institutions. Combining advanced analytics, decisioning platforms, business information, and digital solutions, CRIF India enables organizations to make faster, smarter, and more informed decisions across the customer lifecycle while contributing to a more transparent and inclusive financial ecosystem.

Photo – https://mma.prnewswire.com/media/2991757/CRIF_India_Kolkata.jpg

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Haier Launches Horizon Refrigerator in Vietnam, Setting New Standards for Freshness and Home Appliance Design

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HO CHI MINH CITY, Vietnam, June 1, 2026 /PRNewswire/ — To meet Vietnamese consumers’ demand for versatile, multi-scenario fresh-keeping solutions, Haier launches its premium Horizon Collection refrigerator series in Vietnam on May 29, marking the first stop in the Southeast Asian market. From its initial launch at the Royal Observatory, Greenwich in the UK to its full market rollout across Europe, and now the release in Vietnam, the Horizon series is rapidly accelerating its global footprint to bring a premium food freshness preservation experience to more consumers.

Four scenarios to meet the tropical freshness demands

Southeast Asia’s hot, humid climate demands iced drinks and diverse, ultra-fresh ingredients. Haier’s Horizon series comes with innovative freshness preservation technology and offers four scenario-based solutions for daily life.

It integrates Haier’s global first HCS humidity control and magnetic-controlled freshness technology, keeping fruits and vegetables fresh for up to 7 days and preserving the original flavor of fresh meat for 10 days. This magnetic technology won a Gold Medal at the Geneva International Invention Exhibition and is VDE-certified for keeping over 95% of the protein in meat. It also features the industry-first door-mounted ice making system, completely separated from the food storage area to prevent odor contamination and produce clean ice quickly.

Boasting a large capacity of up to 716L of space, adjustable shelves, and deep door bins, the refrigerator easily stores a full week’s groceries for the whole family — including upright 1.5L bottles. Selected models feature AI Vision technology that automatically recognizes and records the type and quantity of ingredients, making food management simple and convenient.

In the meantime, Haier also showcased its Space Fit series home appliance solutions at the Horizon series launch event, the refrigerator from the series features Haier’s original AI full-space freshness preservation technology, which keeps temperature fluctuations below 1°C. Even after a month of freezing, steak remains tender, red, and juicy when thawed, with no loss of nutrients.

Vietnam, the strategic springboard for Haier’s premium regional expansion

Vietnam is Southeast Asia’s largest high-end refrigerator market, accounting for over half of regional sales. In January 2026, Haier’s refrigerator sales in Vietnam doubled month-to-month and rose by more than 60% year-on-year, further solidifying its position as the market leader in the region. At retail outlets, side-by-side demos let customers experience Haier’s preservation technology. The Space Fit series matched competitors’ eight-month in-store display numbers in just five weeks and achieved five times their sales, spearheading Vietnam’s smart-home upgrade.

Already leading in both market share and growth in Vietnam, Haier will further strengthen its product lineup to meet rising demand for food freshness preservation with the new global flagship Horizon series.

Furthermore, Haier Smart Home officially launched the Haier brand in Vietnam in 2025 and reached a strategic partnership with the local leading appliance retailer DMX. Its AQUA washers already hold the country’s top market share.

As of April 2026, Haier ranks No. 1 in overall brand share across Southeast Asia, with growth exceeding 40% in Vietnam, Malaysia, and other markets. Following Vietnam, the Horizon series will roll out in Indonesia and Thailand, driving Haier’s high-end leadership across the region.

The launch of the Horizon series marks Haier’s refrigerator segment’s shift in Southeast Asia from leader in scale to a premium brand. Looking ahead, Haier will stay user-focused, deepen local innovation and brand upgrades to cement market leadership, and through ongoing high-end innovations and enhanced scenario-based experiences, Haier aims to deliver superior preservation, kitchen aesthetics, and sustainable growth for partners.

Please visit https://www.haier.com/global/.  

SOURCE Haier Group

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