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Chinese automakers shake up global sales rankings in 2025

KATHMANDU: The final global automotive sales rankings for 2025 are in, and the results signal a significant shift in the industry’s balance of power. With Stellantis Group releasing its financial report on February 26, the full picture is now clear,…
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BYD marks 14 millionth new energy vehicle milestone in Brazil

KATHMANDU: BYD celebrated the rollout of its 14 millionth new energy vehicle at its passenger car plant in Camacari, Brazil, marking another milestone in its global expansion. The event was attended by Brazilian President Luiz Inacio Lula da Silva, Vice…
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MG to launch 13 new EVs in two years

KATHMANDU: MG, the SAIC-owned passenger car brand with British origins, is preparing to release 13 new energy vehicles globally within the next two years, states Chinese media. The company has announced an investment of USD 1.4 billion to support this…