article thumbnail

Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

& "The major players in the global economy, Europe, the U.S. With the global situation looking increasingly hectic and economies in varying degrees of disarray, there are a lot of questions about the future landscape of business. & This puts Germany in a difficult position, especially automotive manufacturers. influence.&

article thumbnail

Crypto’s Slow Motion Gold Rush

Cars That Think

When Chinese authorities cracked down on cryptocurrency mining in May, earnings soared for miners in other countries. But in May Chinese regulators banned the practice over concerns about mining's excessive energy consumption and perceived threats to financial stability. In a matter of weeks, all that mining capacity went offline.

Chinese 101
article thumbnail

Zeekr introduced access into Saudi Arabia, UAE, Qatar, Bahrain

Baua Electric

Up to now, Zeekr has entered Eu markets in Sweden, the Netherlands, and Germany, and signed commitments with companions in Israel and Kazakhstan. Particularly, personal vehicles and trucks isolated account for greater than 25% of worldwide oil intake, in line with the Global Power Company.