KATHMANDU: U.S. President Donald Trump said he would be open to Chinese automakers building cars in the United States, despite opposition from the U.S. lawmakers and major automakers. “If China wanted to come in and open a plant to build…

KATHMANDU: PepsiCo has started using autonomous trucks to transport its products in the United States. The company is deploying driverless box trucks developed by Gatik AI for logistics operations. The Isuzu-branded trucks are currently operating in Texas, Arizona, and Arkansas.…

KATHMANDU: The US Department of Defense has added Chinese EV maker BYD to its list of companies it considers linked to the Chinese military. The updated Section 1260H list now includes 188 firms. Along with BYD, companies like Nio, Alibaba,…

KATHMANDU: Rising fuel prices in the United States are driving more buyers towards hybrid vehicles. Sales of hybrid cars jumped 37 percent in the two months after the Iran conflict began in late February. According to Motor Intelligence, the growth…

KATHMANDU: Oil prices rose sharply after Donald Trump announced a naval move targeting Iran. The decision came after ceasefire talks between the US and Iran collapsed over the weekend. The global benchmark Brent crude jumped more than 8 percent to…