Bloomberg met a letter from the industry and security bureau of the Ministry of Trade. It says that car manufacturers with “smart” tires Cybertyre will have to receive special permission for sales in the United States. Pirelli is threatened by the Chinese investor: the authorities intend to limit the import of advanced tires, as they can collect data and transfer it to “malicious subjects”.
The White House announced the restrictions for Chinese and Russian electronic systems in US market cars in January. If the Pirelli tires are banned, this will be the first example of the application of the new law. The representative of Pirelli refused to comment. Cybertyre technology is a set of hardware and software that contribute to the operation of autopilot, automatic and emergency braking systems.
The special purpose garage found an alternative to Pirelli tires for Aurus in England introduced restrictions on the owners of Chinese cars Ford Boss appreciated the United States lag in China in the field of electric vehicles
The Italian company is a tire supplier for premium and luxury brands from Bentley to Ferrari, and the largest shareholder (37%) is the Chinese chemical giant Sinochem Holdings. About a quarter of Pirelli sales is provided by the United States, so the company wants to move away from Chinese investors. A conflict is brewing between the shareholders.
Pirelli General Director Andrea Kazaluchi told Italian journalists that the company was in a difficult situation after Sinochem did not agree to distance himself from decision -making processes. The top manager complained that if the parties fail to find a compromise, then further growth and development of technology may be at risk.
Pirelli calendar – 2025
