KATHMANDU: China has announced plans to speed up development of solid-state batteries and Level 3 autonomous driving under its 2026 New Energy Vehicle (NEV) strategy. The plan was outlined by the Ministry of Industry and Information Technology (MIIT) after an…

KATHMANDU: The Nepal-China northern trade transit point at Tatopani has been completely closed since Monday after a massive forest fire broke out in the Nyalam-Khasa border area on the Chinese side. Chinese authorities have suspended all cross-border movement citing safety…

KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA) and the Kathmandu Valley Traffic Police Office have signed a five-year strategic agreement to strengthen traffic management and road safety. Under the agreement, regular training will be provided to all 1,651…

KATHMANDU: The European Union and China are close to resolving their dispute over electric vehicles. The talks aim to reduce trade tension and avoid a wider trade conflict. Under the proposed plan, the EU may replace its new tariffs on…

KATHMANDU: India’s automotive industry is facing supply pressure due to shortages of rare-earth magnets, largely controlled by China. The issue has affected automakers since the beginning of the current fiscal year, according to ET. China accounts for about 69 percent…