Introducing RangeXchange, an Innovative New Feature Enabling the Lucid Air to Directly Charge Other Electric Vehicles
- RangeXchange enables a
Lucid Airto charge another electric vehicle (EV) adding between 24 to 40 miles of range per hour.1
- To enable RangeXchange, Lucid owners simply attach the new Lucid RangeXchange charging adapter to the charging cable and plug directly into the receiving car.2 This requires the latest over-the-air (OTA) update.
- Lucid's groundbreaking bi-directional Wunderbox, combined with its proprietary software, enables this revolutionary capability for all Lucid vehicles.
- RangeXchange is the latest example of impactful new features that are made possible by Lucid's deeply integrated hardware and software technology.
"I'm delighted that Lucid continues to innovate, enabled by our integrated fusion of software and hardware," said
RangeXchange is Lucid's first application of the Wunderbox's bi-directional charging technology. RangeXchange allows energy to flow from the
"Designed and engineered in-house by Lucid, the Wunderbox is far more than just a piece of hardware that charges the battery pack," said
"RangeXchange is yet another example of the tremendous value we can provide with an over-the-air software update long after a customer purchases our car," said
The RangeXchange feature will first be offered to
Lucid's mission is to inspire the adoption of sustainable energy by creating advanced technologies and the most captivating luxury electric vehicles centered around the human experience. The company's first car, the Air, is a state-of-the-art luxury sedan with a
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This communication, including content from any link contained herein, includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "shall," "expect," "anticipate," "believe," "seek," "target," "continue," "could," "may," "might," "possible," "potential," "predict" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding plans and expectations with respect to Lucid RangeXchange, including timing of availability and the feature's capabilities, plans and expectations regarding the Wunderbox bi-directional charging system and potential future applications, Lucid's software, plans and expectations regarding Lucid's systems approach to the design of the vehicle, and the promise of Lucid's technology. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Lucid's management. These forward-looking statements are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond the control of Lucid. These forward-looking statements are subject to a number of risks and uncertainties, including those factors discussed under the heading "Risk Factors" in Part II, Item 1A of Lucid's Quarterly Report on Form 10-Q for the quarter ended
1 Lucid RangeXchange charging cable adapter is required. Based on
2 Lucid RangeXchange charging cable adapter will be offered for purchase through LucidMotors.com.
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