By Naveen Athrappully Electric vehicle manufacturer Lucid Motors plans to lay off hundreds of workers as part of a cost control initiative amid weakening EV demand. On May 24, Lucid announced a restructuring plan to “optimize” the company’s operating expenses by reducing its current workforce by roughly 400 employees, or around six percent of the […]
Tag: Energy
In physics, energy is the quantitative property that must be transferred to a body or physical system to perform work on the body, or to heat it. Energy is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed.