KATHMANDU: Tesla has filed two new trademark applications in the United States for the long-awaited next-generation Tesla Roadster, signaling renewed progress towards production. The filings were submitted on February 3, 2026. One trademark features an updated Roadster wordmark, while the…

KATHMANDU: Toyota Motor plans to increase global hybrid vehicle production by around 30 percent by 2028, as demand shifts away from pure electric vehicles in several major markets. According to media reports, Toyota expects to produce 6.7 million hybrid vehicles…

KATHMANDU: Automobile distributors in Nepal are preparing to launch multiple new car models as competition in the market continues to grow. With the rising presence of Chinese brands, the pace of new model introductions has accelerated in recent years. As…

KATHMANDU: The US government has announced Project Vault, a new strategic reserve aimed at securing rare earths and critical minerals used in automobiles, EVs, and advanced manufacturing, according to The White House. The initiative, established through an executive order signed…

KATHMANDU: Chinese electric vehicle maker Leapmotor is emerging as a mass-market competitor to BYD by focusing on affordable EVs instead of premium technology, according to media reports. The company targets budget-conscious buyers, particularly in smaller Chinese cities. This strategy has…