KATHMANDU: UK-based AI self-driving startup Wayve has raised $1.2 billion in fresh funding, pushing its valuation to $8.6 billion as it prepares to launch its first robotaxi service in London later this year. The latest investment round includes participation from…

KATHMANDU: The Government of Uttar Pradesh has signed a Memorandum of Understanding (MoU) with AVW Global to bring MotoGP back to India. The agreement aims to revive international motorcycle racing events in the country, according to Autocar India. AVW Global…

KATHMANDU: Japanese eVTOL startup SkyDrive has begun demonstration flights of its flying car service in Tokyo, moving closer to its planned commercial launch in 2028. The trials were held near Tokyo Big Sight, where the company demonstrated the full passenger…

KATHMANDU: CG Motors has announced financial support of Rs 500,000 for Nepali women’s national football team player Sabitra Bhandari, popularly known as Samba. The company said the support will be used for her knee surgery and related medical treatment. CG…

KATHMANDU: Nepal imported close to 6,000 electric cars in the first seven months (mid-July to mid-February) of the current fiscal year 2025/26 (FY 2082/83). According to data released by the Department of Customs on Friday, a total of 5,896 units…