News

‘Made in EU’ EV subsidy plan faces trade backlash concerns

KATHMANDU: The European Union is set to propose new “Made in EU” rules for electric vehicles, but the plan could trigger retaliation from key trading partners, according to Reuters. Under the draft Industrial Accelerator Act, EVs would need at least…
News

BYD tests 1500 kW flash charging system in China

KATHMANDU: BYD has begun internal testing of a new 1500 kW flash charging system in Shenzhen, China. The demonstration station near the company’s headquarters features high-power charging cabinets, liquid-cooled charging guns, and a layout similar to a fuel station forecourt.…
News

Chinese automakers report sharp sales drop in February 2026

KATHMANDU: Sales of Chinese automakers declined in February as demand slowed during the Lunar New Year period, which traditionally affects vehicle purchases in the world’s largest auto market. BYD reported total sales of 190,190 vehicles in February, down 41 percent…