HighlightsNepal Rastra Bank director Satyendra Subedi says the risk of an auto-loan credit bubble does not currently appear high.Hire-purchase lending stands at Rs 1.42 trillion out of total credit of Rs 60 trillion.Hire-purchase lending has grown 10 percent compared with the previous year.The current loan-to-value...
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HighlightsKia Syros EV booking is now open in Nepal through Continental Trading.The official price is Rs 37.90 lakh, while the first 100 customers can get it for Rs 35.90 lakh.Nepal initially gets the 42 kWh battery version with a claimed range of 443 km on...
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Highlights29,000-plus visitors attended on the opening day.48 new vehicle models were launched by participating brands.The expo is scheduled for August 11 to August 16, 2026.New electric cars, e-scooters and electric commercial vehicles are among the main attractions.Brands entering Nepal for the first time are also...
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HighlightsNagdhunga-Sisnekhola Tunnel, Nepal's first road tunnel, begins operation from Last Monday.Emergency vehicles only will use the tunnel during the initial phase before wider public access.The 2,688-metre tunnel was completed at a cost of around Rs 21 billion after 81 months of construction.Maximum speed inside the...
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HighlightsNepal Rastra Bank has announced a policy to ease financing for large electric public transport vehicles.The announcement came alongside the Monetary Policy for FY 2083/84 unveiled by Governor Dr. Bishwanath Paudel.The central bank will introduce a special Loan to Value (LTV) policy for electric vehicles...
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HighlightsLalitpur Metropolitan City is moving ahead with an electric shuttle bus initiative.The project is aimed at improving urban mobility while reducing emissions.Electric public transport continues to gain momentum across the Kathmandu Valley.The plan aligns with Lalitpur's broader push toward cleaner municipal transportation.The initiative follows several...
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HighlightsElectric buses are expected to receive concessions on route permit charges.The move is aimed at encouraging wider adoption of electric public transport.Authorities are looking for ways to make EV bus operations more financially attractive.The proposal arrives as Nepal continues its transition toward cleaner mobility.Route permit...
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HighlightsMadhes Pradesh is moving ahead with plans to develop EV charging stations in partnership with the private sector.The initiative aims to strengthen charging infrastructure as electric vehicle adoption accelerates across Nepal.Public-private collaboration is emerging as the preferred model for reducing investment risk and speeding deployment.Charging...
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Highlights• Temporary suspension of excavation work on key public roads for 3 months• Decision aimed at reducing disruption during peak mobility period and seasonal constraints• Applies to active road corridors undergoing utility and surface maintenance coordination• Road agencies prioritize uninterrupted traffic flow and surface stability...
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HighlightsBYD has been added to a US Department of Defense list of companies allegedly linked to China's military.The designation does not immediately impose sanctions on the EV manufacturer.BYD says the claim lacks factual basis and rejects the military affiliation label.The company stated the designation will...
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HighlightsNepal Government plans another amendment to its recently announced EV taxation framework.Finance Minister Dr. Swarnim Wagle says the Road Development Fee on EVs below Rs 5 million will be corrected.RDF expected to fall from 5% to 2.5% for vehicles priced under Rs 5 million.The change...
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HighlightsNepal will now calculate EV taxes based on vehicle value instead of motor powerThe policy was announced in the Fiscal Year 2026/27 national budgetFinance Minister Dr. Swarnim Wagle says the old system distorted the marketA new Green Tax replaces multiple existing customs-related chargesThe government also...
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HighlightsNepal has increased road construction and maintenance taxation linked to EV ownershipEntry-level EV buyers are expected to feel the biggest impactCustoms duty on smaller EVs already sits at 15%EV financing rules were tightened earlier through lower LTV limitsIndustry groups fear policy instability could slow market...
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HighlightsNepal is considering a simplified EV tax structure ahead of the 2026/27 budgetProposal could merge the current 51 kW to 200 kW categories into one tax slabCurrent system charges different customs and excise duties across motor power bracketsFinance Minister is expected to unveil the budget...
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HighlightsXiaomi YU7 launched in China as the brand’s first SUVBase model priced at 253,500 yuan, below Tesla Model YThree trims introduced, YU7 Standard, Pro and MaxTop claimed CLTC driving range reaches 835 kmXiaomi recorded 200,000 orders in three minutesLei Jun openly positioned YU7 against Tesla’s...
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Highlights2026 Tata Tiago facelift will launch on May 28, 2026Updated hatchback revealed alongside the refreshed Tiago EVBoth models receive redesigned LED lighting and revised front fascia1.2-litre petrol and CNG powertrains expected to continue unchangedEV version likely to retain existing battery pack optionsCabin upgrades expected with...
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HighlightsNepal Government has indicated plans to tighten vehicle speed regulation.The move comes amid growing concern around road accidents and highway safety.Authorities are expected to focus on stricter enforcement and monitoring.Commercial vehicles are likely to remain under primary scrutiny.The announcement could affect transport operators, logistics companies,...
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HighlightsSuzuki Swift Hydrogen showcased at the Vienna Motor Symposium 2026Uses a 1.4-litre four-cylinder hydrogen combustion engineTechnology developed jointly with Austrian engineering firm AVLNot a fuel-cell EV, hydrogen is burned directly inside the engineEngine reportedly produces 100 kW and 220 NmDemonstrates hydrogen tech in an affordable...
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HighlightsOmoda C5 and Jaecoo J6 confirmed for Nepal arrival in JesthaBoth SUVs come under the Chery umbrella brandsExpected rollout through authorized importer networkTargets Nepal’s expanding premium SUV segmentArrival signals growing momentum of new-age global brands in NepalDealership displays and bookings likely to follow shortly after...
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Highlights2026 Beijing Auto Show sets global records with 380,000 square meters exhibition areaTotal of 1,451 vehicles displayed, including 181 debut models and 71 concept carsEvent draws 1.28 million visitors, including 65,000 overseas attendeesAI integration and intelligent driving emerge as core themes across automakersLevel 3 autonomous...
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