NEWARK,
Calif., Aug. 20, 2024 /PRNewswire/ -- Lucid
Group, Inc. (NASDAQ: LCID), maker of the world's most advanced
electric vehicles, announced today that Lucid Financial Services
has introduced leasing to its portfolio of finance options in
Canada. Customers in Canada can now access flexible, transparent,
and competitive leasing options, giving them even more ways to get
behind the wheel of the groundbreaking Lucid Air, with up to 824km
of NRCan-estimated range1.
"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."
The full range of options, including introductory lease rates,
can be found at https://lucidmotors.com/en-ca or
https://lucidmotors.com/fr-ca. In addition to exploring options and
starting the journey to delivery of their own Lucid Air online,
customers can also visit Lucid Studios in Toronto, Montreal, and Vancouver.
About Lucid Group
Lucid (NASDAQ: LCID) is
a Silicon Valley-based technology company focused on creating
the most advanced EVs in the world. The flagship vehicle, Lucid
Air, delivers best-in-class performance and efficiency starting
at $96,800 (CAD)2. Lucid is preparing its
state-of-the-art, vertically integrated factory in Arizona to begin production of the Lucid
Gravity SUV. The company's goal is to accelerate humanity's
transition to sustainable transportation and energy.
Media Contact
media@lucidmotors.com
Investor Relations Contact
investor@lucidmotors.com
* Excludes tax, title, license, options, destination
and documentation fees. For U.S. market only.
1 Official NRCan ranges for MY 2025 vehicles equipped
with 19" wheels are: 676 km for Pure/ 653 km for Touring / 824 km
for GT. Official NRCan range for Sapphire equipped with standard
wheel covers is 687 km (vehicle may be shown without wheel covers).
Actual range will be dependent on many factors, including battery
age, driving habits, charging habits, temperatures, accessory use,
and other factors as described in the owner's manual.
2 Pricing includes $2,000 Destination Fee, $200 Documentation Fee and $100 Federal Air Conditioning Tax. Excludes sales
tax and provincial levies & fees. For Canadian market only.
Please contact your local Lucid Studio directly or by phone for
total/all-in pricing for your specific province
Forward-Looking Statements
This communication includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"shall," "expect," "anticipate," "believe," "seek," "target,"
"continue," "could," "may," "might," "possible," "potential,"
"predict" or other similar expressions that predict or indicate
future events or trends or that are not statements of historical
matters. These forward-looking statements include, but are not
limited to, statements regarding Lucid's leasing options in
Canada and expectations related to
customer experience. These statements are based on various
assumptions, whether or not identified in this communication, and
on the current expectations of Lucid's management. These
forward-looking statements are not intended to serve as, and must
not be relied on by any investor as, a guarantee, an assurance, or
a definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and may differ
from these forward-looking statements. Many actual events and
circumstances are beyond the control of Lucid. These
forward-looking statements are subject to a number of risks and
uncertainties, including those factors discussed under the heading
"Risk Factors" in Part II, Item 1A of Lucid's Quarterly Report on
Form 10-Q for the quarter ended June 30,
2024, as well as other documents Lucid has filed or will
file with the Securities and Exchange Commission. If any of these
risks materialize or Lucid's assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that
Lucid currently does not know or that Lucid currently believes are
immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements reflect Lucid's expectations, plans or
forecasts of future events and views as of the date of this
communication. Lucid anticipates that subsequent events and
developments will cause Lucid's assessments to change. However,
while Lucid may elect to update these forward-looking statements at
some point in the future, Lucid specifically disclaims any
obligation to do so. These forward-looking statements should not be
relied upon as representing Lucid's assessments as of any date
subsequent to the date of this communication. Accordingly, undue
reliance should not be placed upon the forward-looking
statements.
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SOURCE Lucid Group