The Vault · 2026-03-31 15:26:51 · Bloomberg Markets
Volvo Car AB's billionaire owner, Li Shufu, is pushing the Swedish automaker to begin manufacturing models from its Chinese sister brand within Volvo's own factories. This directive comes as the global auto industry faces intense pressure from widespread overcapacity, forcing major players to seek radical consolidation...
The Network · 2026-04-10 05:09:30 · Bloomberg Markets
Chinese authorities have convened the nation's leading battery manufacturers for a second high-level meeting in just over three months, signaling escalating government pressure to curb what it views as reckless industry expansion. The move is a direct intervention aimed at preventing a destructive cycle of overcapacity...
The Network · 2026-04-20 03:22:39 · Bloomberg Markets
Beijing is moving decisively to curb the runaway expansion of its solar manufacturing sector. In a stark directive, Chinese authorities have called for "every effort" to strengthen capacity controls, signaling a major shift from unfettered growth to enforced discipline. This move targets the core problem plaguing the i...