KATHMANDU: Toyota is preparing to launch the updated Land Cruiser 300 in Japan on September 16. The SUV will replace its petrol V6 with a powerful hybrid system, while the diesel engine will continue, according to Creative Trend. The new…

KATHMANDU: US-based battery startup Pure Lithium is developing a new lithium-metal battery that could reduce the EV industry’s dependence on Chinese supply chains, according to Insideevs. The Chicago-based company is developing a graphite-free lithium iron phosphate (LFP) battery. It claims…

KATHMANDU : The Nepal Automobile Importers and Manufacturers Association (NAIMA) has announced a donation of Rs. 5 million to support relief and rehabilitation efforts for people affected by the Bhotekoshi flood in Rasuwa. NAIMA will contribute the amount to the…

KATHMANDU: BYD’s net profit increased for the first time in five quarters as strong overseas sales helped offset weaker demand in China. The Chinese EV maker reported a net profit of around USD 1.2 billion in the April-June quarter, up…

KATHMANDU: Bajaj Auto is set to launch three new two-wheeler products in India over the next 45 days. The company will also introduce two new brands in the coming months, according to Bajaj Auto Managing Director Rakesh Sharma. “We will…