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Chaudhary Group-backed BYD finds new growth path through EV incentives

KATHMANDU: Bangladesh has introduced a new incentive package aimed at accelerating electric vehicle adoption and plug-in hybrid growth. The policy is expected to reduce EV prices and attract new investment into the sector, according to Nikkei Asia. The government’s budget…
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Electric hatchback race heats up as new rivals prepare to hit showrooms

KATHMANDU: Competition in Nepal’s electric vehicle hatchback segment is expected to increase with several new models preparing to enter the market. With the rising demand for electric cars, automakers are planning new launches ahead of upcoming auto shows. The hatchback…
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Pearl river to global power: the unstoppable rise of BYD

KATHMANDU: Nepal has become one of the world’s leading markets for electric vehicle adoption, with EVs now accounting for around 70 percent of new car sales. While major automobile markets such as the United States, India, and Brazil are still…