KATHMANDU: Chinese regulators have issued new guidelines for automakers operating overseas. The rules call on companies to comply with local laws and strengthen controls on pricing, competition, corruption and corporate responsibility. The guidelines come as Chinese automakers rapidly expand into…

KATHMANDU: China’s new energy vehicle (NEV) market is witnessing price increases as rising battery material and semiconductor costs pressure automakers. More than 15 brands, including BYD, Xiaomi, Tesla, and several joint-venture companies, have increased vehicle prices or optional feature costs…