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China’s EV market sees price hikes amid rising battery and chip costs

KATHMANDU: China’s new energy vehicle (NEV) market is witnessing price increases as rising battery material and semiconductor costs pressure automakers. More than 15 brands, including BYD, Xiaomi, Tesla, and several joint-venture companies, have increased vehicle prices or optional feature costs…
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Tata to launch first flex-fuel vehicle by late 2026

KATHMANDU: Tata Motors plans to launch its first flex-fuel passenger vehicle in India by the end of 2026 or early 2027. The company confirmed that it is technically ready to introduce flex-fuel technology in the market. Managing Director and CEO…
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Uber teases Nepal entry with local number registration but no service yet

KATHMANDU: Global ride-hailing platform Uber has started allowing users in Nepal to register accounts using Nepali mobile numbers. The development indicates the company could be preparing for a future entry into Nepal’s ride-hailing market. Users in Kathmandu can now download…