iOS 17 is not sharing live location with my friends

I just got an iPhone 15 Pro Max with iOS 17.3, and my wife just got an iPhone 15 Pro with iOS 17.3. We were able to start up the phones and transfer all the data, but we noticed the “share my location” option was not showing live updates. The phones were able to locate each other, and we see each other’s location. However, when one of us drives away, we are not able to track each other’s live location. I deleted the shares and then re-shared with both phones, with the same problem/results. I have heard other iOS 17 users are having the same issue.