KATHMANDU: Two-wheeler assembly industries operating in Nepal have failed to add meaningful value even years after starting operations, despite receiving government incentives such as tax exemptions. Most assembly plants have also not complied with the conditions set by the government.…

KATHMANDU: Saudi Arabia based EV startup Ceer Motors has been spotted testing a new SUV prototype, marking progress towards its first production model. According to CarBuzz, the company claims to be the first electric vehicle brand developed in Saudi Arabia.…

KATHMANDU: India’s automotive industry is facing supply pressure due to shortages of rare-earth magnets, largely controlled by China. The issue has affected automakers since the beginning of the current fiscal year, according to ET. China accounts for about 69 percent…

KATHMANDU: Chinese automakers are rapidly expanding overseas, reducing the long-standing dominance of Toyota and Volkswagen in the global car market. Analysts say the shift now appears structural rather than temporary. According to UBS, the Swiss investment bank, Chinese brands could…

KATHMANDU: KTM has unveiled the 2026 KTM 390 Duke for international markets. The naked street bike receives upgraded braking hardware and a new color option. The 2026 model features a new WP FCR4 front brake caliper paired with a 320…