Electric Vehicles

Electric vehicles (EVs) are automobiles that are powered entirely or partially by electricity. They utilize electric motors instead of internal combustion engines to drive the vehicle. EVs can be classified into several categories, including battery electric vehicles (BEVs), which run solely on electric energy stored in batteries, and plug-in hybrid electric vehicles (PHEVs), which combine an electric motor with a conventional petrol or diesel engine and can be recharged from an external power source.Electric vehicles are known for their lower emissions compared to traditional gasoline-powered vehicles, contributing to reduced air pollution and greenhouse gas emissions. They are also quieter and can offer lower operating costs due to the lower price of electricity compared to gasoline and reduced maintenance costs. Additionally, advancements in battery technology have improved the driving range and performance of electric vehicles, leading to increased adoption by consumers and businesses. As concerns over climate change and fossil fuel dependency grow, electric vehicles are increasingly seen as a crucial component of sustainable transportation solutions.
Lucid’s Market Jitters: Navigating Through Regulatory and Economic Storms
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Lucid’s Market Jitters: Navigating Through Regulatory and Economic Storms

Lucid Group faces challenges as relaxed emissions regulations undercut the push for electric vehicles (EVs), favoring traditional engines. Economic uncertainties, including tariff threats and inflation fears, further pressure Lucid’s market performance, leading to a notable stock drop. Lucid aims to maintain its
13 March 2025
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