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Tata Harrier.ev clocks 10,000 bookings on day one in India

KATHMANDU:  Tata Harrier.ev has made a strong debut in India, securing over 10,000 bookings on the very first day of availability. Following this overwhelming response, Tata Motors has started production of the electric SUV at its Pune facility. Customer deliveries…
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Foxconn to launch in-house EV by 2025

KATHMANDU: Foxconn, the main assembler of Apple’s iPhone has revealed its intention to introduce its inaugural in-house designed passenger electric vehicle (EV) to the North American market by 2025. This announcement was made during an automotive exhibition in Taipei, according…
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Only 15 EV brands likely to survive in China by 2030

KATHMANDU: Only 15 out of the 129 brands currently selling electric vehicles (EVs) and plug-in hybrids in China are expected to remain financially viable by 2030, according to a recent report by global consultancy AlixPartners. The report forecasts that these…
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Surge in import agency registration underscores automobile boom

KATHMANDU: The Nepali automobile market is experiencing a surge of new entrepreneurs attracted by quick profits and fewer complexities compared to other sectors. While industries such as manufacturing, tourism, agriculture, construction and hydropower require significant infrastructure and years to break…