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BYD faces eight months of falling sales even as exports surge
KATHMANDU: BYD recorded a year-on-year sales decline for the eighth consecutive month in April 2026, according to Chinese media reports, The company sold 314,100 passenger vehicles in April. This is a 15.7 percent drop compared to the same period last…
Trump eyes 25% tariff hike on European cars in latest trade move
KATHMANDU: : Donald Trump has announced plans to increase tariffs on cars and trucks imported from the European Union to 25 percent. The decision comes after claims that the EU did not comply with a previously agreed trade deal with…
India proposes new rules for higher ethanol-blended fuels in vehicles
KATHMANDU: India has proposed new rules to allow vehicles to use higher ethanol-blended fuels such as E85 and E100. The move is aimed at reducing dependence on imported petroleum products. India’s Ministry of Road Transport and Highways has issued a…
Volkswagen’s ID.Polo electric hatchback arrives with an impressive 454 KM range
KATHMANDU: Volkswagen has revealed the new ID.Polo electric hatchback for global markets. The model will go on sale this month, with prices starting at around 30,000 USD. The ID.Polo is built on Volkswagen’s MEB+ platform. It measures 4,053 mm in…
Paramount Motors set to bring four new Wuling EVs to Nepal
KATHMANDU: Paramount Motors Pvt. Ltd., the official distributor of Wuling Motors in Nepal, is preparing to expand its electric vehicle portfolio with four new models. The upcoming lineup aims to strengthen the company’s position in Nepal’s EV market, supported by…