Industry executives from Lucid Motors, Pagaya and Mazda will join the Auto Finance Summit to discuss new technologies and opportunities for auto finance products and services at 9:05 a.m. on Friday, Oct. 29.
Amira Aly, director of financial services at Lucid Motors, will join Robert McDonald, managing director and head of credit solutions at fintech Pagaya, and Matt Traylen, head of RV and Trade Cycle Management at Mazda North American Operations, to discuss new vehicle types, including electric vehicles (EVs), refining current strategies to accommodate new vehicle technologies and implications for lease underwriting and remarketing.
OEMs, such as Ford Motor Co. and Toyota Motor Corp., continue to invest in EV production, battery technology and infrastructure as the shift toward electrification continues. Toyota, for example, has plans to spend $13.7 billion on the supply and development of EVs. Similarly, budding over-the-air connected car technologies are poised to change the way manufacturers and lenders capture data and offer products and services to drivers.
Aly, with 15 years’ experience in the finance industry, leads the automotive and financial services teams at Lucid Motors which focuses on luxury and ultra-luxury segments. She also held leadership positions at Capital One, Ally Financial and JPMorgan Chase.
McDonald, managing director and head of credit solutions at Pagaya, has been in the automotive industry since 1998, and previously held positions at Ford Motor Co. and Goldman Sachs.
Traylen, who has been with Mazda since 2018, formerly worked in leadership positions at ALG, Toyota North America and Faraday Future on design and technology, EV branding and statistical risk management teams.