KATHMANDU: Chinese electric vehicle maker Xpeng has started local production in Europe to reduce the impact of high tariffs and strengthen its market share. The company has launched its first European production line at the Magna plant in Graz, Austria.…

KATHMANDU: Hyundai has revealed the Ioniq 3, the newest model in its electric line-up. The car was shown as a concept at the IAA Mobility show in Munich on September 9. It gives a clear view of Hyundai’s fresh design…

KATHMANDU: SAIC-owned MG Motor has ramped up production of its new hatchback, the MG 4, in China. According to media reports, MG Motor has received bookings for 26,000 units in just 15 days of the opening of bookings in China.…

KATHMANDU: Around 30 brand-new cars were burned in Thapathali, the auto hub of Kathmandu, on the second day of the Gen-Z movement. Car showrooms in the area were also targeted by unruly groups during the protests. Cars from Aion, Xpeng,…

KATHMANDU: Automobile prices in India will come down significantly once the Goods and Services Tax (GST) 2.0 kicks in on September 22. India currently levies GST and compensation cess on automobiles. Starting September 22, India will scrap the compensation cess…