News

Lucid’s Struggle: Can It Find a Spark in the Crowded EV Jungle?

Julia Kquick

4 May 2025

Lucid Motors, once a promising EV contender, faces significant challenges, with stock prices at $2.50. Lucid struggles against dominant, well-funded competitors like Tesla in the U.S. and BYD in China. High production costs and luxury pricing ($70,000+) clash with consumer demand for affordable EVs around $25,000. Recent difficulties include a CEO departure, low vehicle production, a $651 million loss, and uncertain leadership. Analysts remain pessimistic, with most seeing Lucid's stock as underperforming. Lucid’s future hinges on strategic reinvention and innovative direction to avoid complete market exit.Beneath the glare of gleaming auto show spotlights, Lucid Motors finds itself maneuvering through a tempest. The once highly-anticipated player in the electric vehicle (E...

News

The Controversy Stirring a Yorkshire Village: Massive Energy Storage vs. Local Fears

Julia Kquick

16 April 2025

A massive battery energy storage system (BESS) is proposed in Holmfield, West Yorkshire, aiming to store 500 megawatts, powering 1.6 million homes for two hours. Local opposition cites concerns over proximity to residential areas and schools, potential noise pollution, and fire risks. Residents worry about property devaluation and reduced tourist appeal. Proponents argue the importance of reducing fossil fuel dependency and highlight a battery safety management plan. The debate reflects wider global tensions between local wellbeing and national green energy ambitions. The outcome of this debate impacts the UK's journey toward sustainable energy solutions. The situation poses the challenge of balancing community concerns with the urgency of climate action.Amid the rolling hills and hist...