Lucid's CEO said on an earnings call that the midsize vehicle will start production in early 2027 and ramp up later in the year.

The company didn't provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.

Lucid's new CEO Silvio Napoli listed four must-win priorities, including the successful launch of its midsize EV, finishing a factory in Saudi Arabia, cutting expenses, and…