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Foreign-branded vehicles enter Russia through China despite sanctions

KATHMANDU: Thousands of foreign-brand cars are entering Russia through China despite Western sanctions imposed after the 2022 Ukraine invasion. According to registration data reviewed by Reuters and Russia-based research firm Autostat, vehicles from brands such as Toyota, Mazda, Mercedes-Benz, BMW,…
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Chinese automakers shake up global sales rankings in 2025

KATHMANDU: The final global automotive sales rankings for 2025 are in, and the results signal a significant shift in the industry’s balance of power. With Stellantis Group releasing its financial report on February 26, the full picture is now clear,…
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Geely surpasses BYD in China sales as EV market faces January decline

KATHMANDU: China’s entry-level hatchback EV segment recorded a sharp month-on-month decline in January 2026 after the purchase tax exemption policy ended. Insurance registration data reported by Electric Planet News shows most leading models posted double-digit drops compared to December. Only…
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China to ban half-steering wheels from 2027

KATHMANDU: China will no longer allow half-steering wheels, also known as yoke-style steering, in new vehicle models starting January 1, 2027. According to Chines media reports, China’s Ministry of Industry and Information Technology (MIIT) has published a draft of the…
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Green energy accounts for over 90% of China’s investment growth in 2025

KATHMANDU: China’s clean energy sector accounted for more than 90 percent of the country’s investment growth last year, according to a new analysis. The report shows that industries linked to electric vehicles, batteries, solar, wind power, and related technologies contributed…