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Tata EV imports surge in Nepal at the beginning of 2026

KATHMANDU: Tata EV imports in Nepal increased sharply in January 2026, with authorized distributor Sipradi Trading bringing in 253 units of electric cars, according to customs data. The shipment includes the Tata Punch EV, Tiago EV, Nexon K3 EV, and…
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Toyota plans 30% increase in global hybrid production by 2028

KATHMANDU: Toyota Motor plans to increase global hybrid vehicle production by around 30 percent by 2028, as demand shifts away from pure electric vehicles in several major markets. According to media reports, Toyota expects to produce 6.7 million hybrid vehicles…
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US sets up strategic critical minerals reserve under project vault

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…
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China’s global auto market share hits record 35.6% in 2025

KATHMANDU: China took a record 35.6 percent share of the global automotive market in 2025, its highest level so far, according to data from the China Passenger Car Association (CPCA). Global vehicle sales reached 96.47 million units, up 5 percent…