- Customers can finance directly through Bank of America when ordering a Lucid Air
- Customer deliveries of the Lucid Air underway
NEWARK, CA — December 6, 2021 — Lucid Group (NASDAQ: LCID), which is setting new standards with its advanced luxury electric vehicles (EVs), today announced it has selected Bank of America as its preferred lending partner. Lucid customers can apply for financing online at Bank of America or work with concierge agents for a seamless financing experience. Lucid began deliveries of the Lucid Air in October and has more than 17,000 reservations across all models.
“The strategic relationship between Lucid and Bank of America is another way of enhancing and streamlining the vehicle buying experience for Lucid customers,” said Amira Aly, Director of Financial Services at Lucid. “Lucid will continue to build out its consumer finance journey with compelling offerings in order to get more vehicles into the hands of customers as we deliver the most advanced EV in the world.”
“Supporting the growing demand for electric vehicles through an innovative financing solution is a critical step toward a low-carbon future,” said Fabien Thierry, Head of Vehicle Lending Products at Bank of America. “This financing solution was developed for Lucid to make it easier for customers to finance electric vehicles. This effort reinforces our $1 trillion commitment to environmental transition and other low-carbon solutions.”
