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Nepal Rastra Bank Says Auto Loan Credit Bubble Risk Remains Low

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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Leapmotor T03 Gets a Smaller Motor and Lower Price in Nepal

HighlightsLeapmotor T03 gets a new 50 kW electric motor in Nepal.The new version is priced at Rs. 31.99 lakh, Rs. 2 lakh below the 70 kW T03.It retains the 37.3 kWh battery and claimed 403 km CLTC range.The T03 measures 3,620 mm long, with a...

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Triumph Speed T4 Arrives in Nepal With a 350cc Engine

HighlightsTriumph Speed T4 has been introduced in Nepal by Hansraj Hulaschand & Company.The new motorcycle carries a NPR 649900 price tag.It uses a 350cc liquid-cooled single-cylinder engine.Output stands at 28.6 bhp at 7500 rpm and 31 Nm at 5500 rpm.A 6-speed gearbox sends power to...

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NAIMA Expo Opens With 29,000 Visitors and 48 New Model Launches

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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Flying From Manhattan to JFK in 10 Minutes Could Soon Become Possible

HighlightsJoby Aviation says its electric air taxi could eventually cut a Midtown Manhattan to JFK journey to less than 10 minutes.The company is preparing for federally sanctioned pilot projects across New York, New Jersey, Texas, and Florida.Joby's eVTOL aircraft uses six electric rotors, carries four...

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Tata Punch EV Earns Five Star Bharat NCAP Rating Before It Arrives In Nepal

HighlightsTata Punch EV has secured a five star Bharat NCAP safety rating.The facelift model achieved 31.09 out of 32 for adult occupant protection.It scored 45 out of 49 for child occupant protection.Electronic Stability Control, curtain airbags, pedestrian protection and seatbelt reminders are offered as standard.The...

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NRB Signals Easier EV Bus Loans to Accelerate Nepal's Public Transport

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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Domestic Airfares Drop Across Nepal After Fuel Price Cut

HighlightsNepal Oil Corporation has reduced the price of domestic aviation fuel by Rs 40 per litre.Civil Aviation Authority of Nepal has revised the airfare fuel surcharge effective Wednesday (Asar 17).Domestic airfares have become cheaper after the reduction in the fuel surcharge.The biggest fare reduction reaches...

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GWM Ora 5 EV launches in Nepal at aggressive pricing with 520 km range promise

HighlightsGWM Ora 5 EV launched in Nepal by VG Impex Pvt. Ltd.Two variants priced at NPR 46.99 lakh and NPR 51.99 lakh58.3 kWh LFP battery delivering up to 520 km NEDC range100 kW motor producing 260 Nm torque5-star ANCAP and Euro NCAP safety rating with...

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Lalitpur Plans Electric Shuttle Bus Network To Reimagine Urban Mobility

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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XPeng Reveals MONA L03 Fastback SUV With Up to 650 km Range Ahead of Launch

HighlightsXPeng MONA L03 officially revealed ahead of its July debut in China.Second model in the MONA family following the highly successful MONA M03.Available with both BEV and EREV powertrains.BEV version produces 245 hp (183 kW).Two battery options, 56 kWh and 69 kWh.Claimed CLTC driving range...

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Yadea Keeness Arrives in Nepal With 100 km/h Top Speed and 150 km Range

HighlightsYadea Keeness officially launched in Nepal by Kuzu NepalPriced at Rs 660,000Powered by an 11 kW peak-output electric motorProduces 280 Nm torque and reaches 100 km/hClaimed range of up to 150 km on a full chargeFeatures dual 72V 32Ah lithium-ion batteriesDebuted during the NAIMA Nepal...

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Range Rover Evoque L price drops 54 percent in a sudden market reset

HighlightsRange Rover Evoque L records a reported 54 percent price drop in its local marketPrice revision signals a sudden shift in luxury SUV positioning and demand dynamicsLand Rover branding remains central to its premium appeal despite pricing pressureLuxury SUV segment faces renewed competition and recalibrationMarket...

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Nepal Moves to Support Electric Buses Through Permit Fee Concessions

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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Hero’s New Adventure Direction as Xpulse 421 ADV Breaks Cover in Himalayas

HighlightsHero Xpulse 421 ADV test mule spotted at Khardung La, one of the world’s highest motorable passesSignals a possible expansion of Hero MotoCorp into larger-capacity adventure touring segmentHeavily camouflaged prototype suggests ongoing real-world altitude testingCurrent Xpulse lineup may soon be joined by a more powerful...

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Hero Xpulse 210 booking opens in Nepal

Highlights• Hero MotoCorp opens booking for the Hero Xpulse 210 in Nepal market• Positioned as an evolution of the popular Xpulse adventure lineup• Focus on off-road capability and everyday ride practicality• Nepal bookings signal early demand ahead of wider rollout cycle• Adventure motorcycle segment sees...

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Bajaj Avenger 220 Street Returns And Nepal Riders Should Pay Attention

HighlightsBajaj Avenger 220 Street relaunched in India at Indian Rs 1,30,172 (ex-showroom)Powered by a proven 220cc air and oil-cooled single-cylinder engineProduces 19.03PS and 17.55NmNow compliant with E20 fuel standardsShares pricing with the Avenger 220 CruiseThe discontinued Avenger Street 160 leaves the 220cc platform as Bajaj's...

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Avatr 07 Arrives in Nepal With Huawei Tech and 650 km Claimed Range

HighlightsAvatr 07 officially enters the Nepali market through MAW VriddhiPremium electric SUV developed through the Avatr ecosystem backed by Changan, CATL and Huawei82.16 kWh LFP battery delivers a claimed 650 km CLTC range343 PS and 365 Nm from a rear-mounted electric motorExpected pricing is around...

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Nepal Revises EV Tax Rules Again, Finance Minister Moves to Correct Road Fee Error

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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Can The Industry Keep Affordable EVs Within Reach?

HighlightsNepal has replaced its motor-capacity-based EV taxation system with a new CIF value-based structure.Customs duty is now fixed at 20% across all electric vehicles.Excise duty, previously ranging from 5% to 50%, has been completely scrapped.A new Clean Infrastructure Fee ranging from 2.5% to 112.5% has...

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