US preps to penalize Chinese EVs 🚗

Happy Friday morning. This is Car Alerts with your weekly recap of the latest car news and market happenings.

In today’s edition:

• US plays tough on Chinese EVs

• Honda raises billions to electrify fleet

• FTC focussing on illegal car data collection

• Recent recalls

• and more

MARKETS 📈

HEADLINES 📰

US suggests possibility of penalties if production of Chinese electric vehicles moves to Mexico.

Japan's Honda raises electrification investment to $65 billion through FY2030.

EV purchase consideration ebbs while charging concerns continue to grow, J.D. Power finds.

Development of the first Porsche 911 with hybrid drive completed successfully.

Biden administration plans to raise tariffs on electric vehicles from China.

Connected cars’ illegal data collection and use now on FTC’s “radar”.

Tesla’s profitable Supercharger network is in limbo after Musk axed the entire team.

US opens probe into Alphabet's Waymo over 'unexpected behavior' of self-driving vehicles.

China's car exports hit record high in April, as domestic sales fall.

VW and Audi customers exposed for years by dealership software bug.

Morgan and Pininfarina unveil new sports car called the Midsummer.

RECALLS

Honda recalls more than 187,000 trucks due to rearview camera image failures.

Hyundai recalls 17,000 vehicles to replace the exhaust gas recirculation valve assemblies.

That’s all we have for you this week. We’ll see you next Friday morning with more car content.

Have feedback or want to get in touch? Please send us a note on Twitter (@CarAlerts). We’d love to hear from you.