KATHMANDU: China will introduce new export controls on lithium batteries and graphite anode materials starting November 8, 2025, according to the Global Times. The Ministry of Commerce (MOFCOM) and the General Administration of Customs announced the decision to protect national…

KATHMANDU: Electric vehicles (EVs) imported from China are becoming more expensive for Nepali importers as the Chinese yuan continues to strengthen against the Nepali rupee. Although Chinese automakers have not raised EV prices and remain engaged in an ongoing price…

KATHMANDU: Bharat NCAP is preparing for a major upgrade to its vehicle safety program. The next phase, called Bharat NCAP 2.0, is expected to launch in 2027 with tougher and more detailed crash tests, according to Autocar India. Since October…

KATHMANDU: If you are planning to buy a vehicle with bank financing, this could be the most favourable time for you as bank interest rates are currently at a five-year low. Three years ago, loan interest rates had reached 15–16%.…

KATHMANDU: India aims to double automobile production in the next five years. The country is targeting 50 million vehicles in production by 2030 and 200 million units by 2047. To achieve this, a new national automotive mission plan (AMP) is…