May 6, 2026 | The case for bringing back EV credits to counter China; Lucid's billion-dollar loss

About this episode

The episode discusses the need for U.S. electric vehicle policies to counter China's dominance and covers Lucid's significant financial loss.

Automotive News Managing Editor Jerry Hirsch argues in a new column that the U.S. needs its own electric vehicle industrial policy to counter China’s strategic push to dominate global auto exports. Lucid suspends 2026 production guidance after reporting a $1 billion first-quarter net loss. Plus, hybrid demand surges as fuel prices climb.

People in this episode

Host: Jerry Hirsch

Topics covered

• electric vehicles
• China
• Lucid Motors
• industrial policy
• hybrid demand
• fuel prices

Keywords

• EV credits
• China auto exports
• Lucid Motors
• billion-dollar loss
• hybrid demand
• fuel prices

Mentioned in this episode

Organizations: Lucid

Places: U.S., China

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