KATHMANDU: Ford Motor has cancelled an electric vehicle (EV) battery supply agreement worth about $6.5 billion with South Korea’s LG Energy Solution, reflecting a broader slowdown in the global EV market. LG Energy Solution said Ford terminated the deal after…

KATHMANDU: General Motors (GM) and LG Energy Solution have joined hands to develop next-generation electric vehicle (EV) batteries, offering longer range, lower costs and enhanced safety. The companies aim to begin commercial production of these lithium manganese-rich (LMR) batteries in…