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

Page: https://stenobird.com/podcast/automotive-news-daily-drive-58649/may-6-2026-the-case-for-bringing-back-ev-credits-to-counter-china-lucid-s-billion-dollar-loss
Text version: https://stenobird.com/podcast/automotive-news-daily-drive-58649/may-6-2026-the-case-for-bringing-back-ev-credits-to-counter-china-lucid-s-billion-dollar-loss.md
Podcast: [Automotive News Daily Drive](https://stenobird.com/podcast/automotive-news-daily-drive-58649)
Published: 2026-05-06T17:00:00+00:00
Episode link: https://autonews.com
Audio file: https://dts.podtrac.com/redirect.mp3/www.buzzsprout.com/2447022/episodes/19135988-may-6-2026-the-case-for-bringing-back-ev-credits-to-counter-china-lucid-s-billion-dollar-loss.mp3
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Duration seconds: 1156

## Resource

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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