KATHMANDU: Geely has reinforced its focus on methanol-powered vehicles. Chairman Li Shufu said lithium battery EVs are too heavy for future transport needs. Speaking at the China Smart EV Development Forum 2026, Li said lithium EVs can weigh up to…

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…

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…

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…

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…