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Volkswagen nears stake sale in India unit to JSW Group

KATHMANDU : Volkswagen AG is reportedly close to selling a stake in its Indian business to the JSW Group, as the German automaker looks to strengthen its presence in one of the world’s fastest-growing automotive markets. According to a Bloomberg…
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Thee GO to build solar-powered battery storage for EV charging

KATHMANDU: Thee GO is set to develop a battery energy storage system (BESS) that will enable electric vehicles (EVs) to be charged using solar power. The company has signed an agreement with Gham Power to build the solar-powered battery storage…
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India launches first hydrogen-powered train

KATHMAND: India has officially launched its first hydrogen-powered passenger train, marking a major step in the country’s push towards cleaner rail transportation. Prime Minister Narendra Modi flagged off the train on Saturday. The train will operate on the 89-km Jind-Sonipat…
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CATL resumes major lithium mine operations after year-long halt

KATHMANDU: Chinese battery giant CATL has secured a safety production permit to restart operations at its flagship Jianxiawo lithium mine, ending a suspension that lasted nearly a year, according to Nikkei Asia. The company received the permit on June 29,…