KATHMANDU: Toyota Vice Chairman Koji Sato has urged Japanese automakers to work more closely together to remain competitive against the rapid rise of Chinese electric vehicle manufacturers. According to Automotive News, speaking at Toyota’s annual supplier meeting, Sato warned that…

KATHMANDU: Fluctuating fuel prices and global energy uncertainty have increased demand for electric vehicles. As petroleum prices are affected by geopolitical conflicts, consumers are increasingly looking for alternative energy options. Fuel prices rose sharply after the Russia-Ukraine war. Recent tensions…

KATHMANDU: Chinese electric vehicles are pushing technology further once again. Some new models can now project full-color movies directly from their headlights. At the Beijing Auto Show, Huawei introduced the newest version of its XPixel smart headlight system. The technology…

KATHMANDU: Chinese automakers outsold South Korean brands in Western Europe, including the U.K., for the first time in September. Data from Schmidt Automotive Research showed Chinese brands took 8% market share, narrowly ahead of South Korea’s 7.8%. In October, China…

KATHMANDU: The global luxury car market is changing at a pace not seen in decades. Chinese electric vehicle manufacturers are no longer just competing on price. They are redefining what modern luxury means by delivering strong performance, advanced technology, and…