Lucid updates its advanced driver assist capabilities

Lucid Group (NASDAQ:LCID) announced on Tuesday a major update to its DreamDrive Pro suite of Advanced Driver Assistance Systems to deliver Hands-Free Drive Assist and Hands-Free Lane Change Assist to the company’s lineup of electric vehicles. The vehicle enhancements will be available as an over-the-air update for Lucid Air owners, scheduled for July 30, and for Lucid Gravity owners later this year.

The updates to DreamDrive Pro are designed to allow customers to experience intuitive hands-free driving and hands-free lane changes (with driver activation of the turn signal stalk) on compatible divided highways. DreamDrive Pro features LiDAR, radar, visible-light cameras, surround-view cameras, and ultrasonic sensors.

“The addition of these features to Lucid’s DreamDrive Pro offers a glimpse into the future that Lucid is building with the impressive capabilities of our software-defined vehicles,” stated Lucid (NASDAQ:LCID) executive Kai Stepper. “With our in-house software stack, a comprehensive suite of 32 sensors, and regular OTA updates, we have a roadmap to continue to deliver significantly more functionality to our owners in the future,” he added.

Shares of Lucid (LCID) rose 2.4% in early Tuesday trading to $2.33 vs. the 52-week range of $1.93 to $4.43. Short interest on LCID stands at 12.9% of the total float.