Lucid climbs 9% as owners gain access to Tesla’s charging network, even though most will need a pricey adapter
Luxury electric vehicle maker Lucid is trading up almost 7% on Tuesday afternoon after the company announced that owners of its Air sedan will have access to Tesla’s vast charging network by the end of the month.
While Lucid’s new Gravity SUV is equipped with a NACS port to optimally charge at the stations, the Air will require an adapter priced at $220.
The Lucid Air charging rate peaks at 300 kilowatts — about 20 miles of range per minute plugged in. That’s significantly more than the 50 kilowatts available at Tesla stations through the adapter. With the adapter, charging at Tesla stations will grant Lucid owners up to 200 miles of range per hour, which could create longer charging lines at the stations.
The Lucid Air charging rate peaks at 300 kilowatts — about 20 miles of range per minute plugged in. That’s significantly more than the 50 kilowatts available at Tesla stations through the adapter. With the adapter, charging at Tesla stations will grant Lucid owners up to 200 miles of range per hour, which could create longer charging lines at the stations.
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