KATHMANDU: IME Electric, the official distributor of Motul Lubricants in Nepal, has received the ‘Outstanding Business Partner’ award for the South Asia region at the Motul India Annual Conference held in Kochi, India. The award was presented to Nishan Dhakal,…

KATHMANDU: Sony Group and Honda Motor have decided to stop development of their joint electric vehicle project, according to global media reports. The decision affects the Afeela EV lineup being developed under their 50-50 joint venture, Sony Honda Mobility, established…

KATHMANDU: Ford Nepal has introduced a special promotional scheme under which customers purchasing selected Ford vehicles will receive an electric car free of cost. The offer applies to Ford’s premium models including the Everest, Ranger and Raptor. Customers buying any…

KATHMANDU: Contemporary Amperex Technology Co. Limited founder Robin Zeng has said that the United States may struggle to scale its electric vehicle (EV) market without access to CATL’s battery technology. According to a report by The Wall Street Journal, American…

KATHMANDU: Used electric vehicle demand is rising across the region as fuel prices increase following the Iran war 2026, according to Reuters. Petrol prices in the European Union have jumped around 12% to 2.12 USD per liter between late February…