KATHMANDU: Global carmakers are quietly reshaping how and where vehicles are built. More European brands are now producing cars in China and exporting them worldwide. The shift is being driven by lower costs, strong supply chains, and fast-moving EV technology.…

KATHMANDU: New Energy Vehicle sales in China reached a historic milestone in April 2026. The NEV penetration rate crossed 60 percent for the first time, while sales of internal combustion engine (ICE) vehicles continued to decline sharply. According to data…

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…

YIBIN, CHINA: Kaiyi Auto entered the Nepali market in 2024 with two models, the Kaiyi X3 Pro EV SUV and the Kaiyi e-Qute hatchback. Since launch, many buyers in Nepal have been curious about the brand and its background. A…

KATHMANDU: Toyota was the first major Japanese brand to commercially produce an electric vehicle. In 1997, it launched the electric version of its popular Toyota RAV4 EV. The move showed that EVs had real market potential. Electric vehicle development, however,…