Introducing RangeXchange, An Innovative New Feature Enabling The Lucid Air To Directly Charge Other Electric Vehicles
Portfolio Pulse from Benzinga Newsdesk
Lucid Group, Inc. (NASDAQ:LCID) has introduced RangeXchange, a new feature that allows a Lucid Air to charge another electric vehicle (EV). This is enabled by Lucid's bi-directional charging technology and proprietary software. The feature will first be offered to U.S. owners and requires the purchase of a RangeXchange charging cable adapter.
November 09, 2023 | 2:10 pm
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Lucid's introduction of RangeXchange could potentially increase the appeal of its vehicles, potentially leading to increased sales and positive impact on its stock.
The introduction of RangeXchange is a significant development for Lucid as it enhances the functionality of its vehicles. This could potentially attract more customers, leading to increased sales and a positive impact on its stock price.
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