Director, Business Development

Newark, CA, United States

Leading the future in luxury electric and mobility

At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.

We plan to lead in this new era of luxury electric by returning to the fundamentals of great design – where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.

Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we’re providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.

Position Summary:

As part of the Strategy and Business Development team, the Director, Business Development position is responsible for strategic business development initiatives as aligned with the company’s enterprise strategy. This is a highly dynamic role that will drive strategic projects and high-priority initiatives for our executive team.

Our ideal candidate will bring prior strategic deal-making experience and approach their work with vigor and determination. Candidates will be expected to demonstrate excellence in their respective fields, to possess the ability to learn quickly and to strive for perfection within a fast-paced environment.

You Will:

Focus on business development initiatives with third parties as aligned with business objectives and needs
Develop a strategic plan to identify potential cross-industry collaborations that can drive growth, innovation, and competitive advantages for the company
Own the entire business development process from end to end - from sourcing and financial modeling to negotiation and close, including joint ventures, licensing agreements, and commercial contracts
Serve as the extension of Lucid executive team with external stakeholders
Collaborate with cross-functional teams (e.g. engineering, legal, finance, operations, and others) to ensure seamless execution and integration of new business initiatives
Cultivate a strong professional network within the automotive and technology industry; actively seek out new business partnership opportunities

You Bring:

High-performance work ethic with strong business acumen and ability to execute on a wide range of projects
15+ years of prior business development experience with proven record of leading multi-million-dollar commercial deals or partnerships with executive-level stakeholders
Interpersonal and leadership skills to influence and build credibility as a “peer” with Function VPs
Strong leadership skills and attributes
Strong understanding of commercial agreements and legal concepts; ability to present complex sets of information to varying levels of audiences

Nice to Have:

Automotive experience within OEMs and/or Tier 1 suppliers

Education Requirements:

Bachelor’s degree in business, economics, engineering or other relevant fields
Prior experience and professional network in automotive, mobility, and relevant adjacent sectors

At Lucid, we don’t just welcome diversity - we celebrate it! Lucid Motors is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, national or ethnic origin, age, religion, disability, sexual orientation, gender, gender identity and expression, marital status, and any other characteristic protected under applicable State or Federal laws and regulations.

Salary Range: The compensation range for this position is specific to the locations listed below and is the range Lucid reasonably and in good faith expects to pay for the position taking into account the wide variety of factors that are considered in making compensation decisions, including job-related knowledge; skillset; experience, education and training; certifications; and other relevant business and organizational factors.

Additional Compensation and Benefits: Lucid offers a wide range of competitive benefits, including medical, dental, vision, life insurance, disability insurance, vacation, and 401k. The successful candidate may also be eligible to participate in Lucid’s equity program and/or a discretionary annual incentive program, subject to the rules governing such programs. (Cash or equity incentive awards, if any, will depend on various factors, including, without limitation, individual and company performance.)

Base Pay Range (Annual)

$191,600 - $280,940 USD

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