KATHMANDU: Toyota, one of the world’s largest automakers, is preparing for a major push in the pure electric vehicle market after years of focusing on hybrid technology. The Japanese automaker has been successful with hybrid vehicles, but its battery electric…

KATHMANDU: The recent Iran conflict has already impacted the global automotive industry, even as tensions begin to ease. Analysts say even a quick end to the war will not prevent a significant sales shortfall in 2027. Shipping through the Strait…

KATHMANDU: The global automotive industry has seen a wave of leadership changes, with at least nine major automakers appointing new chief executives within the past year. Companies including Toyota Motor Corporation, Stellantis, Nissan Motor Co., Renault Group and Volvo Cars…