Hello and welcome to the Automotive News Shift podcast, where we bring you the latest on automotive

technology, trends, and transformation. I'm Molly Boygan, tech and innovation reporter at

Automotive News. Our guest today is Andrews Bell, chief Engineering and Technology Officer at Volvo Cars.

We spoke about how organizational changes at Volvo have helped it accelerate its software-defined

vehicle development more than architectural changes have.

It's a movement of software from being something that is specified by us and done by somebody

else to fully in-house becoming through their software company.

But first, let's talk about the week. For that, I'm joined by my colleague, Lawrence Iliff, who covers Tesla, Lucid, Rivian, Finfast, and Robotaxies for Automotive News.

Hi, Lonnie. It's great to be here.

Great to have you back on the pod.

So Lonnie, big week for Lucid, as the manufacturer reported its earnings and a billion dollar

net loss. So what is going on with Lucid? Well, Lucid's kind of in a reorganization phase,

and it's not the first time, right? So just a little bit of quick background.

They, you know, launched their first vehicle in late 2021.

And at that time, the CEO, Peter Rawlinson, was like the founder.

He'd been there forever.

You know, the company almost went under.

They got Saudi funding.

They had a SPAC.

They raised many, many billions of dollars. And, you know, they launched

their sedan into the market. And, you know, that was kind of coming out of COVID and they had

lots of supply chain problems and software problems with the lucid air. But it got, you know,

...