KATHMANDU: ICE-powered vehicles accounted for less than half of global new-vehicle sales for the first time in the first half of 2026. Higher oil prices and lower running costs helped increase demand for electric vehicles, according to Nikkei. Data from…

KATHMANDU: China took a record 35.6 percent share of the global automotive market in 2025, its highest level so far, according to data from the China Passenger Car Association (CPCA). Global vehicle sales reached 96.47 million units, up 5 percent…