BYD starts price war in Japan
KATHMANDU: BYD has started a price war in Japan, cutting prices sharply to draw local buyers. The company has been in the market for more than two years and is still working to earn customer trust. So far, BYD has…
Car sales dip during Dashain, fresh models spark interest
KATHMANDU: The auto market had high hopes for this year’s Dashain and Tihar. At the start of August, dealers expected around 5,000 cars to be sold during the festival season. Last year the market had grown by almost 40% and…
Wuling Binguo S gets over 55,000 orders in two days
KATHMANDU: Wuling’s new small electric car, the Binguo S, has received 55,840 orders within 48 hours of launch. The company has already delivered 7,250 units to customers in China. The Binguo S comes in four trims, priced between USD 9,400…
Maruti Suzuki India overtakes Ford, GM and VW in market value
KATHMANDU: Maruti Suzuki India has entered the list of the world’s top carmakers by market value. The company’s market capitalization now stands at $57.6 billion, placing it in 8th position globally, according ET. This makes Maruti more valuable than Ford,…
India to make sound alert mandatory in EVs
KATHMANDU: The government has proposed a new rule that will make it compulsory for EVs to have a sound alert system from October 2026, according to ET. The Acoustic Vehicle Alerting System (AVAS) will help pedestrians and cyclists hear approaching…