$LCID/$BOA Launch Lucid Financial


Today Lucid Motors announced a new digital financing platform called Lucid Financial Services to provide lease and loan purchase options to Air EV customers in the United States. The financing options are provided through a strategic relationship between Lucid Group and Bank of America.

Lucid Motors ($LCID) is currently delivering the second of four available trim levels of its flagship Air EV sedan. While it has already struggled to meet initial production targets for 2022 due to supply chain constraints, Lucid has received early praise for the Air sedan, despite a couple recalls.

Current production hurdles aside, the future remains bright for the American automaker, which went public last year. Following deliveries of the Air Grand Touring, which are currently underway, will be the arrival of both the Air Touring and Air Pure, the two most affordable trims of the sedan even after price hikes that began June 1.

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