KATHMANDU: Berkshire Hathaway, led by legendary US investor Warren Buffett, has sold its remaining shares in Chinese electric vehicle maker BYD, ending a long and profitable investment. The company first invested in BYD in 2008, buying about 225 million shares…

KATHMANDU: Chery has launched the new iCar Super V23 under the iCar V23 series. It comes in five trims and is priced between 17,300 and 24,600 USD in China. It is a compact electric SUV with stronger motors and a…

KATHMANDU: The demand for petrol cars is slowing down and dealers are less keen to bring in new models. Still, sub-four-meter SUVs remain an option for buyers in Nepal. In India, these compact SUVs are popular because of tax concessions…

KATHMANDU: China’s SAIC Motor is preparing to reduce its stake in JSW MG Motor India and will stop making fresh investments. The company currently holds 49 % in the joint venture. The move follows India’s tighter rules on Chinese investments…

KATHMANDU: A total of 346 vehicles of Nepal Police were torched and vandalized in three districts of Kathmandu Valley after the Gen Z protest escalated on September 8 and 9. According to the Kathmandu Valley Police Office, Ranipokhari, 218 two-wheelers…