KATHMANDU: Nio has begun production of right-hand drive models under its Firefly sub-brand, marking a key step in its push into global markets. The first batch is headed to Singapore, with more RHD countries to follow. Firefly has moved quickly…

KATHMANDU: Chinese electric vehicle maker Nio, once considered the country’s answer to Tesla, is facing mounting challenges as growth slows in the premium EV segment, according to Financial Times reports. In 2020, Nio’s stock jumped over 2,000 percent as investors…