KATHMANDU: BYD is moving closer to a major export milestone in 2025. The Chinese automaker is on course to export one million vehicles within the year, driven by strong growth in overseas demand. Industry data released on December 23 shows…

KATHMANDU: Geely’s affordable electric hatchback, EX2, known as Xingyuan in China, has become the country’s best-selling EV, surpassing Tesla and BYD models. Launched in October 2024, it has quickly gained strong market traction. In the first half of this year,…

KATHMANDU: China has made electric vehicle battery safety standards mandatory for the first time. The new rule requires EV batteries to meet strict “no fire, no explosion” safety criteria under newly finalized national regulations. The update was announced by the…

KATHMANDU: Samsung Electronics has announced a $1.8 billion deal to acquire the autonomous driving technology unit of Germany’s ZF Friedrichshafen, marking a major expansion of its automotive electronics business. The acquisition, valued at 1.5 billion euros, will be integrated into…

KATHMANDU: SPG Automobiles Pvt. Ltd., the authorized distributor of Omoda, Jaecoo and iCAUR vehicles in Nepal, has appointed Nepal national cricket team captain Rohit Paudel as its new brand ambassador. The announcement was made during a special event in Kathmandu,…