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Lucid Air Turns Up Apple Compatibility With Wireless CarPlay

Lucid Group Inc (NASDAQ:AAPL) wireless CarPlay software is standard on all Lucid Air EVs. What Happened: “Apple CarPlay…
byAnan Ashraf
March 24, 2023
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Lucid Group Inc (NASDAQ:AAPL) wireless CarPlay software is standard on all Lucid Air EVs.

What Happened: “Apple CarPlay is standard on every Lucid Air,” Lucid Motors tweeted with an adjoining teaser video. The luxury sedan is now compatible with Apple CarPlay, Android Auto, and countless other apps.

“Say hello to the smarter and safer way to use your iPhone in the Lucid Air. Get directions, make phone calls, respond to text messages, enjoy your favorite music, and more — all on the Glass Cockpit display,” Lucid said on its website.

The software update will roll out in the next week, reported Electrek.

See Also: Best Electric Vehicle Stocks

Why Is It Important: Apple at its 2022 Annual Worldwide Developer Conference said that it was making key changes to its CarPlay software. The tech giant’s software is licensed to automakers.

EV giant Tesla Inc (NASDAQ:TSLA), however, has shown reluctance to adopt Apple technology for its electric vehicles in the past.

Read More: Why Lucid CEO Doesn’t See Apple Car As Threat To EV Makers Like His Company And Tesla

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

 
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Cannabis Giant Tilray Reports 30% YoY Increase In Q3 Net Revenue, Updates FY 2024 Guidance

By Jelena Martinovic
April 9, 8:48 AM
Tilray Brands reported on Tuesday financial results for its third quarter ended Feb. 29, 2024, revealing $188.3 million in net revenue, representing a 30% year-over-year increase. The Canadian medical cannabis company said beverage-alcohol net revenue increased 165% over the same period to $54.7 million. Global cannabis net revenue was up 33% year-over-year reaching $63.4 million, with international cannabis growth of 44% over the prior year quarter. "We made several notable achievements during the third quarter, including growing revenue across our core business segments, increasing our adjusted gross profit, reducing our convertible debt balance, progressing the integration of our recently acquired craft beverage brands, realizing operating synergies in integrating our HEXO acquisition, completing our Canadian and international cannabis cost reduction plans, and strengthening our balance sheet," Irwin D. Simon, the company's chairman and CEO, said.

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