Luxury electric car maker Lucid plans to offer customers high-speed charging services for electric cars across the United States on a charging network funded by Volkswagen, the companies said Tuesday.
According to the deal, VW subsidiary Electrify America will create a charging subscription plan for Lucid on Electrify America’s planned network of 500 charging sites, all of which it expects to have built or under construction by July 2019.
The deal gives Lucid another leg up against Tesla and signals increasing competition in the luxury electric car segment.
More>>