Lucid Financial Services, the financing arm of Lucid Group, has announced the availability of flexible lease options for Canadian residents. This expansion marks the third country where Lucid offers these leasing programs.
Lucid Motors continues to make significant strides. The company recently surpassed its Q2 delivery targets for the Lucid Air sedan, its flagship model.
While eagerly awaiting the launch of the Lucid Gravity SUV later this year, the RWD Air Pure has established itself as the world’s most efficient passenger vehicle, delivering an impressive 5 miles per kWh range efficiency.
Lucid’s financial position has been bolstered by a $1.5 billion cash injection from Saudi Arabia’s Public Investment Fund (PIF). The company is utilizing these funds to drive Air sales and prepare for the introduction of the Gravity and future models.
To attract new customers, Lucid has introduced lease options for the Air in Canada. These options are managed by Lucid Financial Services, a digital platform developed in partnership with Bank of America.
Canadian customers can now explore lease options for the 2024 Lucid Air, with 2025 models coming soon. Lucid’s Canadian website features the full range of BEV options and introductory lease rates.
“Not all electric vehicles are created equal, and now Canadian customers can experience the unrivaled performance and interior space of Lucid while taking advantage of flexible financing options designed to fit their life,” said Peter Rawlinson, CEO and CTO of Lucid. “Our online process will also offer a high level of personalized support throughout to ensure the entire experience lives up to the service standard customers have come to expect from Lucid.”
