New updates have been reported about Lucid Group (PC:LUCID)
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Lucid Group has unveiled ‘Lucid Recharged,’ its inaugural certified pre-owned vehicle program, aimed at broadening access to its cutting-edge electric vehicles. This initiative allows customers to purchase pre-owned Lucid vehicles that have undergone a rigorous 160-point inspection and reconditioning process. The program targets single-owner vehicles with less than 62,000 miles, ensuring high standards of quality and reliability. Buyers will benefit from the remainder of the original 4-year/50,000-mile warranty, plus an additional 12-month/12,000-mile warranty, alongside roadside assistance, a verified clean title, and comprehensive service history reports.
This strategic move is expected to enhance Lucid’s market presence by providing an entry point for consumers interested in the brand’s advanced EV technology without the new car price tag. The program also offers optional upgrades, such as the DreamDrive® Pro advanced driver assistance system, further enhancing the appeal of Lucid’s pre-owned vehicles. By leveraging its reputation for innovation and performance, Lucid aims to capture a broader segment of the EV market, potentially increasing its customer base and brand loyalty. This development underscores Lucid’s commitment to expanding its reach and maintaining its position as a leader in the electric vehicle industry.