What's Going On With Lucid Group Stock On Tuesday?

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πŸ“… Published: 2025-07-15 15:20 πŸ“° Source: Benzinga ✍️ Author: Nabaparna Bhattacharya πŸ“ Words: 442

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Zinger Key PointsLucid to roll out hands-free driving features via OTA update.DreamDrive Pro upgrade strengthens Lucid's autonomous tech roadmap.Get daily-updated rankings across momentum, growth, value, trends, and quality to spot the strongest stocks in any market.Lucid Group, Inc.LCIDshares moved higher on Tuesday after the company revealed a software upgrade to its driver assistance platform, DreamDrive Pro, aimed at enhancing hands-freecapabilities in its electric vehicle lineup.The update will introduce new features such as Hands-Free Drive Assist and Hands-Free Lane Change Assist, initially rolling out to Lucid Air owners via an over-the-air (OTA) update on July 30, with Lucid Gravity owners receiving it later this year.This enhancement reinforces Lucid's long-term ambition to develop cutting-edge autonomous and driver-assist technologies built on its own software and sensor stack.Also Read:JPMorgan Q2 Highlights: Investment Banking Revenue Jumps, Dimon Warns Of Tariffs And Geopolitical RiskAccording toBenzinga Pro, LCID stock has lost over 36% in the past year. Investors can gain exposure to the stock viaALPS Clean Energy ETFACES.The upcoming update builds on the foundation of DreamDrive Pro's sensor-rich system, incorporating LiDAR, radar, visible-light and surround-view cameras, as well as ultrasonic sensors to enable a seamless hands-free experience on compatible divided highways.The Hands-Free Lane Change Assist will allow vehicles to change lanes automatically when the driver activates the turn signal.Trending Investment OpportunitiesAdvertisementArrivedBuy shares of homes and vacation rentals for as little as $100.Get StartedWiserAdvisorGet matched with a trusted, local financial advisor for free.Get StartedPoint.comTap into your home's equity to consolidate debt or fund a renovation.Get StartedRobinhoodMove your 401k to Robinhood and get a 3% match on deposits.Get StartedAccording toKai Stepper, Lucid's Vice President of ADAS and Autonomous Driving, "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."Lucid says the rollout marks a pivotal point in its technology roadmap, emphasizing its commitment to bringing safe, scalable autonomous functions to its EV customers.The company's ability to issue updates via OTA infrastructure reflects its strategy of leveraging a vertically integrated approach to hardware and software development.The expansion of DreamDrive Pro continues Lucid's push to position its EVs at the forefront of smart mobility while offering tangible enhancements to existing owners, without requiring them to visit service centers.Price Action:LCID shares are trading higher by 2.42% to $2.33 at last check Tuesday.Loading...Loading...Read Next:Wells Fargo's Net Interest Income Shrinks In Q2, Bank Trims OutlookPhoto via ShutterstockLCIDLucid Group Inc$2.311.98%Stock Score Locked: Want to See it?Benzinga Rankings give you vital metrics on any stock – anytime.Reveal Full ScoreEdge RankingsMomentum12.97GrowthN/AQualityN/AValue58.15Price TrendShortMediumLongOverviewACESALPS Clean Energy ETF$27.530.73%Market News and Data brought to you by Benzinga APIsΒ© 2025 Benzinga.com. . .Posted In:EquitiesNewsTop StoriesMarketsMoversTechGeneralwhy it's moving

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