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00:02Lucid Group announced plans to become the first automaker to offer Level 4 self-driving
00:06capabilities in consumer vehicles, according to CNBC. The all-electric vehicle manufacturer
00:10plans to introduce a bind-off driving system that allows cars to operate autonomously under
00:15normal conditions, without driver supervision or intervention. The feature would allow drivers
00:19to disengage completely during normal conditions, relying on NVIDIA's Drive AV platform and a
00:24multi-sensor suite with cameras, radar, and LiDAR. In terms of CEO Mark Winterhoff said the system
00:29will debut at Lucid's mid-size model before expanding to others, and that NVIDIA's technology
00:34will accelerate development and reduce costs. Major automakers like GM and Tesla have spent
00:39billions developing self-driving cars, but have scaled back after failing to deliver
00:43consumer-ready models. For all things money, visit Benzinga.com.
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