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'Nepal chose China over us': Blunt warning sounds alarm for Indian EV carmakers

Business Today

Business Today · 3m ago

'Nepal chose China over us': Blunt warning sounds alarm for Indian EV carmakers

Nepal, a power-surplus country with 85% of its electricity derived from hydropower, views electric vehicles as a strategic solution to reduce its reliance on imported petrol and diesel, sourced entirely from India. This shift towards electric vehicles highlights Nepal's commitment to leveraging its abundant clean energy resources, while also decreasing dependency on Indian fuel imports, potentially impacting Indian electric vehicle manufacturers as Nepal aligns more closely with Chinese partners for its energy and transport needs.

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Business Insider

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OutlookIndia

OutlookIndia · 2m ago

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Livemint

Livemint · 1y ago

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Economic Times

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Economic Times

Economic Times · 4m ago

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