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Nio struggles as China’s luxury EV market slows

KATHMANDU: Chinese electric vehicle maker Nio, once considered the country’s answer to Tesla, is facing mounting challenges as growth slows in the premium EV segment, according to Financial Times reports. In 2020, Nio’s stock jumped over 2,000 percent as investors…
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VinFast entering India with VF 6, VF 7 SUVs

KATHMANDU: Vietnamese electric vehicle (EV) company VinFast is set to enter the Indian market with its two electric SUVs—the VF 6 and VF 7. The VF 6, a compact SUV, is expected to compete directly with electric models such as…