KATHMANDU: Canada has agreed to cut its 100% tariff on electric vehicles from China. The move lets up to 49,000 Chinese EVs enter the Canadian market each year at a much lower tariff of about 6.1%. This number could grow…

KATHMANDU: The European Union and China are close to resolving their dispute over electric vehicles. The talks aim to reduce trade tension and avoid a wider trade conflict. Under the proposed plan, the EU may replace its new tariffs on…

KATHMANDU: India’s automotive industry is facing supply pressure due to shortages of rare-earth magnets, largely controlled by China. The issue has affected automakers since the beginning of the current fiscal year, according to ET. China accounts for about 69 percent…

KATHMANDU: China strengthened its dominance in the electric vehicle (EV) market in 2025, with local brands taking nearly two-thirds of the passenger-car market and pushing many foreign automakers into survival mode, writes The Wall Street Journal. Nearly 13 million electric…

KATHMANDU: Nearly 50 percent of cars sold in South Africa in 2025 have an Indian connection, according to a report by market intelligence firm Lightstone. These include vehicles from Indian brands such as Tata and Mahindra, as well as global…