Luxury e-mobility: CA Auto Bank enters into partnership with Lucid

NEWS

  • Under the agreement, CA Auto Bank will offer its financial solutions to support
    business clients and individuals in their choice for
    Lucid’s luxury electric vehicles.
  • Included in the agreement is the Lucid Air, winner of the prestigious 2023 World
    Luxury Car of the Year award.
  • The partnership will initially be active in 3 markets where BEV registrations have
    grown significantly in the first half of this year: in the Netherlands (up 97.5%), in
    Germany (up 31.7%) and in Switzerland (up 28.7%).

CA Auto Bank’s journey continues, affirming it as a benchmark for green mobility. The Bank, a subsidiary of Crédit Agricole Consumer Finance, has entered into partnership with Lucid Europe B.V., who is bringing the California company’s luxury electric cars with distinctive design and impressive performance to Europe.

Under the agreement, CA Auto Bank will offer its tailor-made financial solutions, which include loans and leases, to assist business clients and individuals in their selection of vehicle from Lucid’s lineup. Vehicles are readily available for purchase and configuration on the Lucid websites. Included in the agreement is Lucid‘s current model, the Lucid Air, winner of the 2023 World Luxury Car of the Year, available in its Pure, Touring, Grand Touring and Dream Edition trims. The partnership will initially be active in 3 markets where BEV registrations have grown significantly in the first half of this year1 : in Germany (up 31.7%), in the Netherlands (up 97.5%) and in Switzerland (up 28.7%)2 . A further step in the affirmation of CA Auto Bank as the new “mobility bank for a better planet”, offering solutions to facilitate the energy transition in the sector. “We’re proud to be standing alongside a prestigious and innovative brand like Lucid, in its path of affirmation in the European market”, stated Giacomo Carelli, CEO and General Manager of CA Auto Bank. “This agreement will bolster our expertise, with one of our partners a company that adopts the same approach, aiming at innovation and sustainability: a step forward on the road to becoming a European leader in green mobility”.

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