Lucid Launches RangeXchange Bi-Directional Charging — Users Can Now Charge One EV With Another
Portfolio Pulse from Anan Ashraf
Lucid Group Inc has launched the RangeXchange, a vehicle-to-vehicle (V2V) adapter that allows its Lucid Air to directly charge other electric vehicles. The adapter facilitates energy transfer from the battery pack of Lucid Air to another EV at a rate of up to 9.6 kW. The RangeXchange feature will initially be available to U.S. owners who will need to purchase a separate RangeXchange charging cable adapter.
November 10, 2023 | 4:32 am
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Lucid Group's launch of the RangeXchange adapter could potentially increase the attractiveness of its Lucid Air model, as it adds a unique feature not commonly found in other EVs. This could potentially lead to increased sales and positive impact on the company's stock.
The launch of the RangeXchange adapter is a significant development for Lucid Group as it adds a unique feature to its Lucid Air model. This could potentially make the model more attractive to consumers, leading to increased sales. Increased sales would likely have a positive impact on the company's stock price.
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IMPORTANCE 75
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