KATHMANDU: Toyota and BMW have launched a six-month pilot program in Spain to demonstrate that existing petrol-powered vehicles can reduce carbon emissions by using renewable gasoline made from used cooking oil, agricultural waste and other organic residues. The project involves…

KATHMANDU: JSW MG Motor India has introduced MG ADAPT (Advanced Drive Architecture Platform Technology), a new modular vehicle platform designed to support multiple electrified powertrains. The company says it is India’s first Multi New Energy Vehicle (NEV) platform capable of…

KATHMANDU: The electric vehicle business is becoming a litmus test for Nepal’s corporate sector. Business groups that have long been successful in industries outside automobiles are now rapidly entering the EV market. The trend is raising questions about the sector’s…

KATHMANDU: Hero MotoCorp has approved an additional investment of US$117 million in electric two-wheeler maker Ather Energy. The investment will be made through a preferential allotment of new shares or convertible securities, subject to regulatory and shareholder approvals. Hero MotoCorp…

KATHMANDU: TVS Motor Company’s first adventure motorcycle, the TVS RTX 300, is expected to arrive in Nepal soon. Jagdamba Motors, the brand’s authorized distributor in Nepal, has begun preparations for its launch. The company has already brought the motorcycle to…