KATHMANDU: Stellantis and Microsoft have signed a five-year strategic partnership focused on artificial intelligence, cybersecurity and engineering, according to Reuters. The agreement comes as global automakers race to match fast-moving technology rivals, especially Chinese brands that are rapidly adding new…

KATHMANDU: China is rapidly expanding the use of artificial intelligence (AI) in manufacturing, with Seres emerging as a key example. Based in Chongqing, the company operates in a city that produced around 2.5 million vehicles between January and November 2025,…

KATHMANDU: Rising costs in the AI ​​and automotive sectors are driving electric vehicle prices higher worldwide. Automakers face dual pressures: surging demand for memory chips from the AI ​​industry and rising lithium prices causing battery supply shortages. Since mid-2025, prices…

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 global auto industry enters 2026 facing slower EV growth, rising software integration and renewed focus on hybrids. After a volatile 2025 marked by affordability concerns and regulatory shifts, automakers are adjusting strategies for a more measured transition. Here…