KATHMANDU: Agratas has received around $510 million in funding from the Government of the United Kingdom to set up an EV battery gigafactory in Somerset, writes Reuters. The project is supported by the Advanced Propulsion Center. It aims to boost…

KATHMANDU: BYD has started upgrading its top-selling electric vehicles with its new Flash Charging system. The technology allows charging in as little as 5 minutes. The system was first introduced with the new Blade Battery 2.0. It debuted in premium…

KATHMANDU: Rising fuel prices are pushing more buyers in Nepal towards electric vehicles. While demand continues to grow, import volumes remained moderate during Chaitra (mid-March to mid-April). Most importers are preparing fresh stock for Baisakh (mid-April to mid-May), ahead of…

KATHMANDU: Hyundai Motor Company has revealed the all-new Ioniq 3 electric hatchback for Europe. The new model becomes the smallest member of Hyundai’s Ioniq EV family. It will sit below the Hyundai Ioniq 5 and above the Inster. The Ioniq…

KATHMAND: Nissan Motor has moved a step closer to launching EVs with solid-state batteries, according to Nikkei Asia. The Japanese carmaker says it has achieved key performance targets with a prototype all-solid-state battery pack. Mass production is planned for fiscal…