KATHMANDU: Global electric vehicle (EV) battery production rose by 38.5% in the first five months of 2025, data released by SNE Research, a South Korean research firm, shows. According to the company, global EV battery consumption during this period reached…

KATHMANDU: Chinese automaker BYD has maintained its lead in global electric vehicle (EV) sales for the third straight quarter, surpassing U.S. rival Tesla according to global news agencies. Between April and June, BYD sold 606,993 EVs, a 42.5% increase from…

KATHMANDU: BYD has announced a major achievement for its entry-level hatchback, the Seagull. At a recent media event, the company shared that it has produced 1 million units of the Seagull model. The car was first launched in April 2023,…

KATHMANDU: Chinese automaker BYD has scaled back production at several domestic plants as unsold inventory levels continue to rise, despite recent aggressive discounting efforts. According to Reuters, BYD has canceled night shifts at its plants and deferred plans to install…

KATHMANDU: Beijing Hyundai, the joint venture between Chinese automaker BAIC Motor and South Korea’s Hyundai Motor Company, is set to launch the new Hyundai Elexio electric vehicle (EV) in the Chinese market, equipped with an LFP blade battery developed by…