ENERGYSTORY 617· AUGUST 5, 2026

Lucid CEO warns US electric-vehicle market cannot ignore Chinese competition

A shakeout, meaning a period when weaker competitors fail and exit the market, is coming for the American electric-vehicle sector. That is the warning from the new chief executive of Lucid, the EV manufacturer, who argues the United States…

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SOURCE

ft.com

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U.S. oil slides below $100 as Saudi Arabia offers more crude through Hormuz

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