KATHMANDU: General Motors’ early investment in U.S.-made rare-earth magnets is paying off as China tightens export restrictions on the critical components, The Wall Street Journal reports. In 2021, GM started investing in U.S.-based magnet production to depend less on China.…

KATHMANDU: Chinese e-commerce giant JD.com is partnering with battery maker CATL’s subsidiary Era Electric Service and automaker GAC Group to launch a new electric car called the “National Good Car.” The model will be based on the GAC Aion UT…

KATHMANDU: Proton e.MAS, the electric vehicle brand under Jagdamba Motors Pvt. Ltd., has opened a new 3S showroom in Kalikanagar, Butwal, marking another step in its nationwide expansion. To celebrate the occasion, the company handed over 15 units of the…

KATHMANDU: KTM Nepal recently demonstrated the 390 Enduro R’s capability by riding to Dhukungla Pass in Dolpa, at an altitude of 5,500 meters. The team completed the journey on three KTM 390 Enduro R bikes, marking the first time any…

KATHMANDU: Ford Motor Company is reconsidering the future of its Maraimalai Nagar plant near Chennai, India, which has remained idle since mid-2022. The American automaker is weighing options to either restart operations or write off its investment as recent U.S.…