KATHMANDU: The Nepal Insurance Authority is preparing to introduce a separate insurance policy for electric vehicles. The authority has started discussions to address the growing use of EVs and their specific insurance requirements. The authority is reviewing whether to modify…

KATHMANDU: Electric vehicle maker Polestar will no longer be able to sell new vehicles in the United States from the 2027 model year due to its Chinese ownership links, the company announced. Polestar said the US Commerce Department’s Bureau of…

KATHMANDU: The government has proposed a major increase in traffic penalties under the draft Vehicle and Transport Management Bill. The bill prepared by the Ministry of Physical Infrastructure aims to discourage traffic violations by introducing higher fines and expanding the…

KATHMANDU: Hyundai Motor workers in South Korea have voted to strike over concerns about the company’s plan to introduce humanoid robots and expand automation in factories. The Hyundai branch of the Korean Metal Workers’ Union said 87 percent of nearly…

KATHMANDU: The Kathmandu Valley Traffic Police Office has instructed traffic police personnel not to shake hands with drivers and service users while on duty. The office has directed officers to greet people from a distance instead. The instruction was issued…