| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Lucid Group Inc. (NASDAQ:LCID) has begun shipping adapters for its customers, which will let them access Tesla Inc.'s (NASDAQ:TLSA) Supercharging stations.
Check out the current price of LCID stock here.
What Happened: The company has begun shipping the NACS (North American Charging Standard) to CCS1 (Combined Charging System) charging adapters to owners of the Lucid Air sedan, EV reported on Thursday.
The adapters would let the Lucid Air owners access over 23,500 Tesla Superchargers regardless of the model year, the report suggests.
The $220 adapters support DC-fast charging up to 500 kW, with new orders expected to ship by 29 August. The Gravity SUV, on the other hand, has a native fast charging port.
Why It Matters: The news comes as Lucid recently announced a strategic partnership with ride-hailing giant Uber Technologies Inc. (NYSE:UBER) to offer over 20,000 robotaxis on its platform over 5 years.
The company also announced actor Timothée Chalamet as Lucid's official brand ambassador, in what the company said was a step towards increasing the brand's cultural relevance.
Elsewhere, Lucid's interim CEO Marc Winterhoff hailed the company's Chinese rivals in an interview over Chinese EVs' fit and finish as well as the overall product quality.
Lucid offers Satisfactory Value, but scores poorly on the Momentum metric. For more such insights, sign up for Benzinga Edge Stock Rankings today!
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Read Next:
Photo courtesy: Ian Dewar Photography / Shutterstock.com
