Lucid Unveils Lucid Financial Services with Bank of America

$Lucid Group (LCID.US)$ today unveiled Lucid Financial Services, an all-new digital platform offering a flexible, fast and easy financing process, including lease¹ and loan² purchase options to Lucid Air customers. The program is accessible to U.S. customers now taking deliveries of Lucid Air Grand Touring models and will also be available to customers taking delivery of Touring and Pure models later this year. $Lucid Group (LCID.US)$ Financial Services is offered to Lucid Air customers as part of a seamless online experience through a strategic relationship with Bank of America.
“ $Lucid Group (LCID.US)$ Air customers have requested flexible financing options, including lease and loan purchase, with many of them preferring a 100% digital experience,” said Amira Aly, Lucid's Director of Financial Services. “ $Lucid Group (LCID.US)$ Financial Services is all about delivering a best-in-class finance journey from online application to e-signing with full transparency of terms and flexible purchasing options. Our goal is to transform vehicle financing by introducing new processes that enable our customers to experience the luxury and technology of Lucid electric vehicles.”