KATHMANDU: The electric vehicle (EV) price war that started in China is now expanding to markets around the world. As demand slows and government incentives fade, automakers like Tesla, Hyundai and Nissan are cutting prices to stay competitive. Tesla launched…

KATHMANDU: Jaguar Land Rover (JLR) has restarted its production on Wednesday after a major cyberattack stopped its operations for more than a month. The company said it will reopen its most important sites first, starting with the Wolverhampton engine plant…

KATHMANDU: The production of low-cost electric cars is declining gradually. Until a few years ago, electric vehicles (EVs) were largely synonymous with compact, city-focused cars. However, that trend is changing with manufacturers now scaling down production of small EVs. When…

KATHMANDU: Blocked from the U.S. market, Chinese self-driving technology companies are expanding rapidly in Europe, Reuters reports. They are opening offices, signing data deals and testing autonomous vehicles, raising competition concerns among local firms. China is already the world’s biggest…

KATHMANDU: Tesla has introduced more affordable versions of its popular Model Y SUV and Model 3 sedan. The new models are priced at $39,990 and $36,990 and are now open for orders. Deliveries are expected between December and January. These…