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Samsung to acquire ZF’s self-driving business in $1.8 billion deal

KATHMANDU: Samsung Electronics has announced a $1.8 billion deal to acquire the autonomous driving technology unit of Germany’s ZF Friedrichshafen, marking a major expansion of its automotive electronics business. The acquisition, valued at 1.5 billion euros, will be integrated into…
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Omoda & Jaecoo name cricketer Rohit Paudel as brand ambassador

KATHMANDU: SPG Automobiles Pvt. Ltd., the authorized distributor of Omoda, Jaecoo and iCAUR vehicles in Nepal, has appointed Nepal national cricket team captain Rohit Paudel as its new brand ambassador. The announcement was made during a special event in Kathmandu,…