CEO Silvio Napoli told Bloomberg Television on September 17 that Lucid has finished its work with restructuring adviser AlixPartners, which was hired to help the company hit $1.4 billion of 2026 cash savings. Napoli said the engagement focused on cutting inventory, capital spending, and operating costs as he reviews operations ahead of the delayed midsize-vehicle launch. The confirmation is separate from Lucid's same-day partnership with Bolt to develop at least 25,000 Level 4 vehicles for Europe.
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