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Buffett’s Berkshire Hathaway completes exit from BYD

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…
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BYD Yangwang U9 Xtreme sets world record as fastest production car

KATHMANDU: BYD’s premium brand Yangwang has introduced the U9 Xtreme, a track-focused electric hypercar. This car has set a new world record as the fastest production car. The speed test was conducted at Germany’s Automotive Testing Papenburg where, the car…
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Five pulling factors that set BYD Sealion 7 apart

KATHMANDU: After test-driving BYD’s latest premium crossover SUV, the Sealion 7, I felt compelled to share some thoughts on its strengths and weaknesses. Every vehicle has its pros and cons, and the Sealion 7 is no exception. But with BYD…
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Hyundai reclaims top spot in Nepal’s passenger car segment

KATHMANDU: Hyundai has reclaimed the top spot in Nepal’s passenger car market after three years. The local dealer of the South Korean automakers imported 1,270 units of Hyundai passenger cars into Nepal between January and mid-August, according to the data…