KATHMANDU: Beiqi Foton has officially launched the production version of its BEACON heavy-duty truck, marking China’s first mass-produced commercial truck powered by liquid hydrogen. Announced by BAIC Group through its official WeChat channel, the new BEACON truck is offered with…

KATHMANDU: Nearly 67 percent of vehicles operating in the Kathmandu Valley have failed to meet pollution standards. The issue came to light during a vehicle inspection conducted at Thankot on Sunday. The inspection was carried out jointly by the Environment…

KATHMANDU: The U.S. Delaware Supreme Court has restored Elon Musk’s 2018 Tesla CEO Compensation plan, ending a major legal dispute over executive pay. The performance-based pay package was approved by Tesla shareholders in 2018. It was originally valued at about…

KATHMANDU: Ford Motor has cancelled an electric vehicle (EV) battery supply agreement worth about $6.5 billion with South Korea’s LG Energy Solution, reflecting a broader slowdown in the global EV market. LG Energy Solution said Ford terminated the deal after…

KATHMANDU: The Chinese Embassy in Nepal has donated a China-made Foton electric vehicle (EV) to B.P. Koirala Memorial Cancer Hospital in Chitwan. The donation aims to support the hospital’s daily operations and help improve medical services for patients. The electric…