Lucid Air gains access to Tesla Supercharger network from July 31

NEWARK, Calif. - Lucid Group, Inc. (NASDAQ:LCID), an EV manufacturer with a market capitalization of $8.6 billion and strong recent momentum showing a 21% return in the past week, announced Tuesday that all Lucid Air models will gain access to Tesla’s Supercharger network starting July 31, 2025, through a Lucid-approved adapter. According to InvestingPro data, the company maintains a healthy balance sheet with more cash than debt.

The adapter, priced at $220 excluding taxes, will allow Air owners to charge at compatible Tesla Superchargers (V3 and above) at rates up to 50 kW, providing up to 200 miles of range per hour of charging. Owners will initiate charging via the Lucid App using a credit card saved to their Lucid Wallet.

Lucid also revealed updates to its 2026 Air lineup. The Air Touring model increases its EPA-estimated range by over 6 percent to 431 miles, while the Air Grand Touring maintains its range of up to 512 miles.

All 2026 Air models will now include a Lucid Mobile Charging Cable Kit as standard equipment and feature an upgraded AC compressor from the Lucid Gravity for improved cooling capacity and reduced cabin noise.

Additional changes include new optional 19-inch Aeronaut wheels available in Platinum and Stealth appearances for Air Pure, Touring, and Grand Touring models. The Air Grand Touring now comes standard with 20-Way Power Heated Front Seats with Ventilation and Massage.

The 2026 Lucid Air Pure is priced at $70,900 in the US, the Air Touring at $79,900, and the Air Grand Touring at $114,900. Based on InvestingPro’s Fair Value analysis, Lucid’s stock currently appears fairly valued. Discover 12+ additional exclusive ProTips and comprehensive valuation metrics with an InvestingPro subscription.

The company recently announced a major update to its DreamDrive Pro driver assistance system, which will deliver Hands-Free Drive Assist and Hands-Free Lane Change Assist to Air owners later this month.

According to the company’s press release statement, the adapter solution differs from the Lucid Gravity, which features a native NACS charge port and high-tech boost charging capabilities. With analysts forecasting 75% revenue growth for FY2025 and the company maintaining a strong current ratio of 3.32, Lucid shows promising operational metrics despite current challenges. Access the full Lucid Group Pro Research Report, along with 1,400+ other detailed company analyses, exclusively on InvestingPro.

In other recent news, Uber Technologies has expanded its autonomous vehicle partnerships, now totaling 21, with significant collaborations involving Baidu and Volkswagen. This development led BofA Securities to reiterate its Buy rating on Uber, maintaining a price target of $115. Meanwhile, Lucid Group has announced a strategic partnership with Uber and Nuro, Inc., which will deploy 20,000 Lucid Gravity SUVs equipped with Nuro Driver autonomous technology over six years, starting in 2026. Benchmark responded to this partnership by raising Lucid’s price target to $7, while Stifel maintained a Hold rating with a $3 price target on Lucid.

Additionally, Lucid has filed for a one-for-ten reverse stock split, requiring shareholder approval at an upcoming special meeting. This move is part of Lucid’s broader strategy to enhance its market position. The collaboration between Uber, Lucid, and Nuro aims to launch a global robotaxi service, utilizing Lucid’s vehicle architecture, Nuro’s Level 4 self-driving technology, and Uber’s extensive ride-hailing network. The program is expected to begin in a major U.S. city in late 2026, marking a significant step in autonomous mobility. These developments highlight the ongoing evolution in the autonomous vehicle and electric vehicle sectors.

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