KATHMANDU: Tesla has increased the prices of two Cybertruck variants by $5,000 in the US. The company quietly updated its online configurator on August 24 without making any changes to the truck’s specifications. The Dual Motor AWD now starts at…

KATHMANDU: Floods and landslides have disrupted six major roads connecting Kathmandu with different parts of the country. According to Nepal Police, six major road sections in Koshi and Bagmati provinces were either completely closed or facing travel restrictions as of…

KATHMANDU: Volkswagen CEO Oliver Blume has described the carmaker’s current situation as “more than critical” as the company faces growing pressure from Chinese automakers, US tariffs and excess production capacity in Europe. Blume said Volkswagen and Germany’s wider auto industry…

KATHMANDU: BYD and its authorized distributor in Nepal, Cimex Inc., have announced a donation of Rs 70 million for communities affected by the recent floods. The amount will be deposited into the Prime Minister’s Disaster Relief Fund. It will support…

KATHMANDU: Shekhar Golchha, Chairman and Managing Director of Golchha Group and past president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has announced a contribution of Rs 15 million to support flood relief efforts. Golchha made the…