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Fuel crisis accelerates China’s electric two-wheeler push into Southeast Asia
KATHMANDU: Exports of electric two-wheelers from China to Southeast Asia increased sharply in the first quarter of 2026. Rising fuel prices and shortages linked to the Middle East conflict have pushed consumers to shift towards electric mobility, according to Nikkei…
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…