KATHMANDU: A major US auto industry group is urging Congress to make existing restrictions on Chinese vehicles permanent, citing economic and national security concerns. The Alliance for Automotive Innovation, which represents most major automakers in the US, has asked lawmakers…

KATHMANDU: China has started reducing tax benefits for new energy vehicles (NEVs), a move that could gradually increase the cost of electric vehicles and their batteries, according to Chinese media reports. From September 1, 2026, China introduced a 2% consumption…

KATHMANDU: The government has announced a special relief package for businesses affected by the Bhotekoshi floods, including a full waiver of customs duties on replacement commercial and transport vehicles. The decision was taken by the Cabinet on Thursday, September 3,…

KATHMANDU: China is pushing to establish global standards for solid-state EV batteries as domestic manufacturers expand pilot production and testing according to CarNewsChina. The International Electrotechnical Commission (IEC) approved a China-led proposal on August 21 for an international standard covering…

KATHMANDU: Chinese regulators have issued new guidelines for automakers operating overseas. The rules call on companies to comply with local laws and strengthen controls on pricing, competition, corruption and corporate responsibility. The guidelines come as Chinese automakers rapidly expand into…