KATHMANDU: China’s leading electric vehicle battery maker, CATL, is expanding into battery-powered ships as part of its next growth strategy, building on its expertise in EV battery technology, according to Nikkei Asia. CATL said its ship-focused subsidiary, Contemporary Amperex Electric…

KATHMANDU: Electric vehicles accounted for nearly all new passenger car sales in Norway in 2025, as fossil-fuel models almost disappeared from the market. According to data from Norway’s transport statistics agency OFV, a total of 179,549 passenger cars were registered…

KATHMANDU: British Petroleum (BP) has agreed to sell a 65 percent stake in its Castrol lubricants business to private equity firm Stonepeak for around $6 billion. The deal is part of BP’s broader plan to divest $20 billion worth of…

KATHMANDU: India’s automotive and mobility sector saw major changes in 2025, with a clear shift towards premium vehicles, growth in electric mobility, and a stronger focus on engineering and design. Industry leaders said the market remained stable despite global challenges.…

KATHMANDU: Mumbai is set to introduce pod taxis as part of its public transport network to improve last-mile connectivity. The project is being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The first phase will feature an 8 km-long…