Lucid Group, which makes long-range, fast-charging luxurious EVs, stated on Tuesday it’s becoming a member of with Financial institution of America to supply buyer financing as one technique to stand out within the crowded phase.
The Lucid Monetary Companies digital platform supplies “a versatile, quick and simple financing course of” for leases and loans by enabling clients to finish their buy on-line, from making use of for financing to e-signing the contract.
The monetary companies program, which aspires to create a neater procuring expertise for Lucid’s U.S. clients, comes as different automakers start rethinking the dealership expertise. Ford stated final week it desires to restructure its mannequin in order that clients can store for EVs on-line at non-negotiable costs.
“Lucid Air clients have requested versatile financing choices, together with lease and mortgage buy, with lots of them preferring a 100% digital expertise,” stated Amira Aly, Lucid’s director of monetary companies, stated in a press release.
Lucid started delivering its long-awaited flagship Lucid Air luxurious sedan – the corporate’s first manufacturing collection – to clients final 12 months. The complete-size sedan can journey as much as 520 miles on a single cost and ranges from 400 to 800 horsepower, relying upon the trim.
The corporate is getting ready now to launch its second manufacturing mannequin, the $179,000 Lucid Air Grand Touring Efficiency Mannequin, a 1,050-horsepower grand tourer with a 446-mile vary. Lucid stated this dual-motor, high-performance model accelerates from zero to 60 mph in 2.6 seconds.
Each fashions include an ultra-fast 900-volt+ charging system that may add 300 miles to the battery in 21 minutes at a 350-kilowatt DC quick charger.
