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BYD hits 17 million NEV production milestone

KATHMANDU: Chinese automaker BYD has achieved another major milestone in new energy vehicle (NEV) production, rolling out its 17 millionth NEV. The milestone vehicle is the BYD Sealion 08, which rolled off the production line as the company’s 17 millionth…
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Chaudhary Group-backed BYD finds new growth path through EV incentives

KATHMANDU: Bangladesh has introduced a new incentive package aimed at accelerating electric vehicle adoption and plug-in hybrid growth. The policy is expected to reduce EV prices and attract new investment into the sector, according to Nikkei Asia. The government’s budget…
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Pearl river to global power: the unstoppable rise of BYD

KATHMANDU: Nepal has become one of the world’s leading markets for electric vehicle adoption, with EVs now accounting for around 70 percent of new car sales. While major automobile markets such as the United States, India, and Brazil are still…