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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& and China, are so closely intertwined that decoupling from China makes no sense," he was quoted as saying in Bild am Sonntag.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

China consolidates its position as the world’s largest energy consumer: it consumes nearly 70% more energy than the United States by 2035, even though, by then, per capita demand in China is still less than half the level in the United States. However, we assume little change in vehicle usage patterns over the Outlook period.

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