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Auto industry gets multi-layer boost in India’s budget 2026

KATHMANDU: India’s Budget 2026 has announced wide-ranging measures for the auto and EV sector, focusing on battery cost reduction, semiconductor localization, cleaner logistics, and alternative fuels. The policies are aligned with climate goals and aim to strengthen domestic value addition.…
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Europe lags China by 20 years in battery technology, expert says

KATHMANDU: Europe is at least two decades behind China in electric vehicle battery technology, according to German automotive expert Professor Ferdinand Dudenhoffer, who often referred to as the “Auto Pope” by German media. He shared the assessment in an interview…
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Traffic enforcement drive lifts fine revenue beyond Rs 80 million

KATHMANDU: Nepal Traffic Police have intensified enforcement against road rule violations, leading to a sharp rise in fine collections over the past month. According to data released by Nepal Police, revenue generated from traffic penalties in Poush (mid Dec-Jan) increased…
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Oil companies accused of blocking EV progress in Michigan lawsuit

KATHMANDU: Michigan Attorney General Dana Nessel has filed a federal antitrust lawsuit against major oil companies, accusing them of working together for decades to block competition from renewable energy and electric vehicles, according to global media reports. The lawsuit names…
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Kathmandu-Lhasa bus service to resume after two decades

KATHMANDU: Nepal and China have agreed to resume the direct bus service between Kathmandu and Lhasa. The agreement was reached during the third Nepal-China Commerce Secretary-level meeting held in Lhasa. The direct bus service will restart after a gap of…