KATHMANDU: Tesla has lost its position as the world’s largest electric vehicle (EV) maker to China’s BYD in 2025, as global competition intensified and the expiration of U.S. tax incentives weighed on demand. According to Reuters, Tesla’s annual vehicle deliveries…

KATHMANDU: Global sales of electric and plug-in hybrid vehicles reached a record 2.1 million units in September, up 26% year-on-year, according to market research firm Rho Motion. The growth was mainly driven by strong demand in China and a surge…

KATHMANDU: China has become a dominant force in the electric vehicle (EV) industry in just a few years. Five years ago, fewer than one million EVs were sold there and Chinese brands were rarely seen overseas. By 2024, they were…