U.S. warns Pirelli on possible sale restrictions over Chinese investors, Bloomberg says
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 27 2025
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Source: Reuters
U.S. Concerns Over Pirelli's Chinese Investor: The U.S. has warned Pirelli that sales of vehicles using its data-collecting Cyber Tyres may be restricted due to concerns about the influence of its largest shareholder, Chinese state group Sinochem, amid a crackdown on Chinese technology in the automotive sector.
Governance Dispute and Business Impact: Pirelli is facing governance issues with Sinochem, which it claims is hindering its ability to expand in the U.S., where it generates about 25% of its revenue, as CEO Andrea Casaluci describes the situation as risky following Sinochem's rejection of a proposed solution.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
