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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.& However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinese market.

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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.

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GE and Shenhua open coal gasification joint venture in China

Green Car Congress

The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand. The new company combines GE’s expertise in industrial gasification technologies with Shenhua’s expertise in coal gasification and coal-fired power generation.

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