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Investing.com -- Lucid Group, Inc. (NASDAQ:LCID) stock rose 7% Tuesday after the luxury electric vehicle maker announced plans to deliver consumer-owned Level 4 autonomous vehicles through a partnership with NVIDIA (NASDAQ:NVDA).
The company intends to integrate NVIDIA’s DRIVE AGX Thor technology into future midsize vehicles, enabling what Lucid describes as "true eyes-off, hands-off, mind-off" capabilities. This initiative positions Lucid to potentially become one of the first automakers to offer privately owned passenger vehicles with Level 4 autonomous driving capabilities.
Lucid’s autonomous driving roadmap begins with eyes-on, point-to-point driving for its upcoming Lucid Gravity SUV and midsize vehicles before advancing to full Level 4 autonomy. The company plans to leverage NVIDIA’s multi-sensor suite architecture, including cameras, radar, and lidar systems.
"Our vision is clear: to build the best vehicles on the market," said Marc Winterhoff, Interim CEO of Lucid. "Now, we’re taking the next step by combining cutting-edge AI with Lucid’s engineering excellence to deliver the smartest and safest autonomous vehicles on the road."
Beyond vehicle autonomy, Lucid is also implementing NVIDIA’s Industrial platform and Omniverse to optimize manufacturing processes. This software-driven manufacturing approach aims to enable reconfigurable production lines, enhanced quality control, and support scaling operations to reduce costs and accelerate delivery.
The partnership builds upon Lucid’s existing DreamDrive Pro system, which recently added hands-free driving capabilities through over-the-air updates to the Lucid Air sedan that launched in 2021.
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