News

Toyota keeps hydrogen strategy as long-term bet

KATHMANDU: Toyota Motor Corporation continues to invest in hydrogen fuel-cell vehicles despite low global demand. The company is maintaining a multi-path strategy instead of focusing only on battery EVs, writes FT. Global hydrogen passenger car sales crossed just 16,000 units…
News

Nepal must focus on smarter EV use, not just numbers

KATHMANDU: Electric vehicles are gradually becoming more common in Nepal. Most discussions focus on how many EVs are on the road. But numbers alone do not tell the full story. A more important question is how efficiently these vehicles are…
News

Oil slumps and stocks gain after Trump reveals ceasefire deal

KATHMANDU: Global oil prices dropped sharply after U.S. President Donald Trump announced a conditional two-week ceasefire agreement with Iran. The deal includes the reopening of the strategically important Strait of Hormuz, easing fears of supply disruptions and calming energy markets…
News

NAIMA calls for policy stability in meeting with finance minister

KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA), led by President Ritu Singh Vaidya, has presented policy recommendations to Finance Minister Swarnim Wagle, focusing on stability in Nepal’s automobile and mobility sector. During the meeting, NAIMA called for a…