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Toyota Land Cruiser 300 update brings a beefier hybrid engine

KATHMANDU: Toyota is preparing to launch the updated Land Cruiser 300 in Japan on September 16. The SUV will replace its petrol V6 with a powerful hybrid system, while the diesel engine will continue, according to Creative Trend. The new…
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New US battery tech could cut EVs’ China dependence

KATHMANDU: US-based battery startup Pure Lithium is developing a new lithium-metal battery that could reduce the EV industry’s dependence on Chinese supply chains, according to Insideevs. The Chicago-based company is developing a graphite-free lithium iron phosphate (LFP) battery. It claims…
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BYD profit rises 30% as exports boost overseas sales

KATHMANDU: BYD’s net profit increased for the first time in five quarters as strong overseas sales helped offset weaker demand in China. The Chinese EV maker reported a net profit of around USD 1.2 billion in the April-June quarter, up…