News

Can Toyota stage a real EV comeback before it’s too late?

KATHMANDU: Toyota, one of the world’s largest automakers, is preparing for a major push in the pure electric vehicle market after years of focusing on hybrid technology. The Japanese automaker has been successful with hybrid vehicles, but its battery electric…
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US bans new Polestar sales, including models built in America

KATHMANDU: Electric vehicle maker Polestar will no longer be able to sell new vehicles in the United States from the 2027 model year due to its Chinese ownership links, the company announced. Polestar said the US Commerce Department’s Bureau of…
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India turns to EVs as Gulf oil crisis drives up fuel prices

KATHMANDU: India’s electric vehicle market is gaining momentum as rising fuel prices linked to the Iran conflict push more consumers towards electric mobility. Leading automakers, including Tata Motors and Mahindra & Mahindra, have reported higher EV sales and increased showroom…
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Why the MG IM6 could be Nepal’s best value buy under Rs 10 million

KATHMANDU: The government’s decision to impose tax on the CIF (Cost, Insurance and Freight) value of electric vehicles from the fiscal year 2026/27 budget has increased the prices of premium electric vehicles. Luxury EV models from brands like BMW, Tesla,…