July 18, 2024
Lucid Launches RangeXchange Bi-Directional Charging — Customers Can Now Cost One EV With One other

Luxurious EV maker Lucid Group Inc LCID on Thursday launched the RangeXchange, a vehicle-to-vehicle (V2V) adapter, enabling its Lucid Air to instantly cost different electrical autos.

What Occurred: The adapter facilitates power switch from the battery pack of Lucid Air to a different EV at a fee of as much as 9.6 kW, thereby including 24 to 40 miles per hour for many EVs at the moment accessible within the U.S. market.

“RangeXchange is a small step to additional improve the on a regular basis usability of the electrical automobile,” Lucid CEO Peter Rawlinson mentioned.

Eric Bach, Lucid’s Senior Vice President of Product and Chief Engineer, emphasised that the Wunderbox, which powers RangeXchange, is greater than a easy charging {hardware}. “From giving different EVs a lift with RangeXchange right now, to potential future purposes like vehicle-to-home backup energy, time-of-use (TOU) optimization, and vehicle-to-grid (V2G) energy, Lucid’s proprietary bi-directional charging know-how has the potential to tremendously enhance our clients’ lives,” he mentioned

The RangeXchange characteristic will initially be accessible to U.S. house owners. Patrons might want to buy a separate RangeXchange charging cable adapter and the characteristic shall be activated by an over-the-air software program replace.

Why It Issues: Lucid Air sedan is understood for its vary and battery. The corporate touts an EPA estimated vary of as much as 516 miles for its sedan and about 12 minutes to cost 200 miles. For context,  Tesla’s highest vary of 405 miles trails the bottom mannequin of Lucid Air; Lucid Air Pure has an EPA-estimated vary of 410 miles.

“With unimaginable horsepower and unequalled vary, it is like no automotive you have ever recognized,” the corporate says on its web site.

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This content material was partially produced with the assistance of Benzinga Neuro and was reviewed and revealed by Benzinga editors.

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