KATHMANDU: China’s clean energy sector accounted for more than 90 percent of the country’s investment growth last year, according to a new analysis. The report shows that industries linked to electric vehicles, batteries, solar, wind power, and related technologies contributed…

KATHMANDU: The US government has announced Project Vault, a new strategic reserve aimed at securing rare earths and critical minerals used in automobiles, EVs, and advanced manufacturing, according to The White House. The initiative, established through an executive order signed…

KATHMANDU: Kathmandu Metropolitan City is set to install 7,000 cat’s eyes (reflective road studs) on roads within its jurisdiction to improve visibility and reduce night-time road accidents. The metropolitan city has already invited tenders for the project. Traffic Management Advisor…

KATHMANDU: The Election Commission has issued the “Vehicle Permit Procedure, 2082” targeting the House of Representatives election scheduled for March 5. The procedure was approved on February 3 and aims to regulate vehicle use during election campaigning and on polling…

KATHMANDU: Buying a car through bank financing has become significantly cheaper as Nepal’s banking system records its lowest loan interest rates on record. According to data tracked since mid-February 2012, when Nepal Rastra Bank began publishing monthly average lending rates,…