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Auto industry in 2026 to focus on AI, Hybrids and SDV

KATHMANDU: The global auto industry enters 2026 facing slower EV growth, rising software integration and renewed focus on hybrids. After a volatile 2025 marked by affordability concerns and regulatory shifts, automakers are adjusting strategies for a more measured transition. Here…
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Import of hybrid vehicle rises 133% despite high taxes

KATHMANDU: The import of hybrid vehicles more than doubled in fiscal year 2024/25. According to the Department of Customs, Nepal imported 85 units of hybrid vehicles worth Rs 366.8 million during the fiscal year. This marks a 133.33% increase compared…
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Automakers line up new models as hybrid momentum builds in India

KATHMANDU: Automobile companies are readying new models as hybrid momentum builds in India in line with the global trend. Over 10 new hybrid models are expected to enter the Indian market in the coming days. Leading automobile companies like Mahindra,…
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Honda reduces EV investment to focus on hybrids

KATHMANDU: Japanese automaker Honda has announced a strategic shift in its electrification plans by reducing its investment in electric vehicles (EVs) and placing greater emphasis on hybrid technology. The move comes amid a global slowdown in EV demand. Honda—the second-largest…
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6th Gen Toyota Rav4 expected later this year

KATHMANDU: Toyota is expected to unveil the all-new RAV4 later this year, with global sales expected to begin as a 2026 model. While the company has labeled it ‘all-new’, the upcoming RAV4 will be an upgraded version of the existing…