News

BYD can overtake Toyota without US market, says executive

KATHMANDU: BYD believes it can become the world’s largest automaker without entering the US market, as the Chinese EV giant accelerates its global expansion, particularly in Europe. Speaking to the Financial Times, Stella Li, BYD’s Executive Vice President and Head…
News

Global EV sales reach 2 million in June, Europe outpaces US

KATHMANDU: Global EV sales crossed the 2 million mark in June 2026, driven by strong demand in Europe. However, the United States continued to lose momentum after ending its federal EV tax credit, while China increasingly relied on exports as…
News

Only 5 electric cars capture 20% of the world’s EV market

KATHMANDU: Even though more than 600 electric car models were sold worldwide last year, just five models made up around 20 percent of total global EV sales. According to the International Energy Agency (IEA), the Tesla Model Y was the…