Lucid Group (NASDAQ:LCID) pushed increased on Monday after the electrical car maker introduced the launch of a referral program within the U.S. The corporate stated the two-sided rewards program extends unique advantages to present Lucid Air homeowners, who can share their distinctive referral hyperlink with family and friends to provide them new car buy reductions.
Present Lucid Air homeowners can have entry to distinctive referral hyperlinks they’ll share with potential clients of their community of household, pals, and colleagues. After these hyperlinks are efficiently utilized to buy and take supply of a car, the proprietor will obtain factors which accumulate towards the redemption of quite a lot of branded gear, car equipment, or limited-edition merchandise. Homeowners may even be capable to redeem their factors for Lucid Experiences, together with unique excursions of Lucid’s (LCID) headquarters in Silicon Valley and Superior Manufacturing Plant in Casa Grande, Arizona. As a part of the tour, homeowners will be taught concerning the firm’s know-how and the manufacturing course of immediately from Lucid’s management. New clients who make the most of a referral hyperlink when ordering their car can obtain car reductions of as much as $1,250 relying on the Lucid Air mannequin.
Most electrical car makers within the U.S. have a referral program for present homeowners.
Shares of Lucid Group (LCID) rose 3.15% in afternoon buying and selling on Monday. The EV inventory remains to be down about 13% during the last six weeks.