KATHMANDU: China’s electric vehicle (EV) market has grown rapidly over the past decade, with hundreds of brands launching new models. However, few of them have survived the ride. In 2018, China boasted more than 500 EV startups. Today, only about…

KATHMANDU: Geely Automobile has announced plans to acquire all remaining shares of Zeekr Group, its premium electric vehicle (EV) brand, effectively making Zeekr a wholly owned subsidiary. The decision comes less than a year after Zeekr’s debut on the US…

KATHMANDU: Hyundai has unveiled a new electric model named ‘Elexio’, targeting Chinese market. Bejing Hyundai Motor Company Ltd, Hyundai’s joint venture with Beijing Automotive Group Ltd (BAIC), produced the Elexio using its first dedicated pure electric platform. Beijing Hyundai is…

KATHMANDU: Indian automotive giant Mahindra is set to unveil its new vehicle platform, the New Flexible Architecture (NFA), on August 15, coinciding with India’s 78th Independence Day. According to the company, the platform is engineered to accommodate multiple powertrains, including…

KATHMANDU: Himalayan Motrox, the official distributor of Maxus vehicles in Nepal, is preparing to launch the MIFA 7, a premium all-electric multi-purpose vehicle (MPV), in the domestic market. The car has already arrived at the company’s showroom. The Maxus brand…