Lucid Group Announces Bank of America as its Preferred Lender to Support the Ownership Experience

Lucid Group announced on Monday a preferred lending partnership with Bank of America. Customers can now apply for financing directly through Bank of America online or use Lucid’s dedicated concierge service when ordering a Lucid Air. The Lucid Air sedan priced well over the budget of most car buyers, so the lending partnership with Bank of America may help the company to sell more vehicles.