News

Ferrari to unveil its first electric supercar in 2026

KATHMANDU: Ferrari is preparing to launch its first fully electric car in 2026. The new model, reportedly codenamed Elettrica, will deliver over 1,000 hp from four electric motors, one on each wheel. The rear motors alone produce 843hp, helping the…
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China to restrict lithium battery and graphite exports from November 2025

KATHMANDU: China will introduce new export controls on lithium batteries and graphite anode materials starting November 8, 2025, according to the Global Times. The Ministry of Commerce (MOFCOM) and the General Administration of Customs announced the decision to protect national…
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Stronger Chinese yuan pushes up EV import costs in Nepal

KATHMANDU: Electric vehicles (EVs) imported from China are becoming more expensive for Nepali importers as the Chinese yuan continues to strengthen against the Nepali rupee. Although Chinese automakers have not raised EV prices and remain engaged in an ongoing price…
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2026 BYD Atto 3 ready with major upgrades

KATHMANDU: BYD has upgraded its popular Atto 3 electric SUV for the 2026 model year with more power and better performance. The updated version has completed its registration in China, confirming a stronger rear-wheel-drive setup, according to the Ministry of…