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