Lucid Group (LCID) updated investors about its existing partnership with Nvidia (NVDA) to advance autonomous vehicle technology and manufacturing capabilities.
The electric vehicle maker plans to use Nvidia’s DRIVE AGX Thor computing systems to bring Level 4 autonomous driving to its upcoming midsize electric vehicles, with a target for a launch in 2026. This timing would make Lucid (LCID) among the first automakers to offer true Level 4 autonomy in consumer-owned cars, not just fleet-operated robotaxis. The company said its partnership with Nvidia (NVDA) marks a pivotal step in the evolution of intelligent manufacturing and electric mobility.
“Together with Lucid, we’re accelerating the future of autonomous, AI-powered transportation, built on NVIDIA’s full-stack automotive platform,” highlighted Nvidia (NVDA) CEO Jensen Huang on the partnership.
For over four years, Lucid (LICD) has utilized Nvidia’s (NVDA) DRIVE platform as the compute backbone for its DreamDrive Pro advanced driver assistance system, which powers autonomous features in Lucid Air and other models
Shares of Lucid Group (LCID) were up 6.0% in premarket trading to $19.20 vs. the 52-week range of $15.25 to $36.40. Short interest stands at 12.8% of the total float.