Lucid Group stock price remained under pressure this week as it crashed to the lowest level since September 8. LCID has plunged by 28% from its highest point in September and by 50% from the year-to-date high as challenges remain.
Lucid Group is targeting being the first automaker to offer highly advanced self-driving capabilities in its vehicles in the coming years. The all-electric vehicle manufacturer expects to launch what it's calling "mind-off" driving in which a car can essentially drive itself under normal circumstances.
Lucid Group said on Tuesday it plans to launch next year a mid-size Level 4 self-driving electric vehicle using computer systems from Nvidia , marking a step toward cars that can operate without driver input in most conditions.
Company plans to offer industry's first "mind-off" L4 through integration of NVIDIA DRIVE AGX Thor in future midsize vehicles; aims to leverage NVIDIA's Industrial platform to pioneer AI software-driven manufacturing excellence News Summary Lucid plans to deliver one of the world's first consumer-owned Level 4 autonomous vehicles by integrating NVIDIA DRIVE AGX Thor into future midsize vehicle...
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether certain officers and directors of Lucid Group, Inc. (NASDAQ: LCID) breached their fiduciary duties to shareholders. If you currently own Lucid stock and are a long-term shareholder, you may be able to seek corporate governance reforms, the return of funds back to the company, a court-approved fina...
Shares of the struggling EV maker are off by nearly 97% from their all-time high. Lucid has wrestled with supply chain bottlenecks and tough competition.
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