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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HighlightsCG Motors has reopened the Aion and XPeng Experience Center in ThapathaliAion Y, Aion V Luxury and XPeng G6 are currently on displayAion Y delivers 225 Nm torque from a 100 kW motorAion V Luxury claims a 650 km range from a 75.3 kWh batteryXPeng...
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HighlightsDepartment of Transport Management suspended registration of all new public vehiclesThe restriction includes electric public transport vehiclesOrder issued to all seven provinces and local governmentsAuthorities cited air pollution, congestion and traffic pressureDecision made under Section 24 (3) of the Vehicle and Transport Management ActRegistration freeze...
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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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HighlightsNAIMA Nepal Mobility Expo 2025 will take place from August 6 to 10 at Bhrikuti MandapOrganizer opened stall booking from May 5 to May 12, 2025Event management and coordination handled by Media Space Solutions Pvt. Ltd.More than 50 automotive brands are expected to participateSeparate halls...
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Highlights2026 Bao 5 Flash Charging Edition launched at 305,800 yuan2026 Bao 8 Flash Charging Edition launched at 419,800 yuanBoth SUVs receive second-generation Blade Battery technologyDiSus-P Ultra intelligent hydraulic body control debuts on these modelsBao 5 delivers up to 1,310 km combined CLTC rangeBao 8 claims...
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HighlightsChandika Prasad Bhatta resigned as Executive Director of Nepal Oil CorporationResignation submitted to the Ministry of Industry, Commerce and Supplies on WednesdayThe government is moving to revoke earlier political appointments through a new ordinanceBhatta was appointed by the Cabinet on February 18, 2024He had previously...
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HighlightsMG S6 officially launched in Nepal through Paramount Motors77 kWh battery pack with up to 529 km WLTP rangePrice set for 69 Lakhs 99 Thousand RupeesRear-wheel-drive setup expected for Nepal market180 kW motor producing 350 Nm torque internationallyDC fast charging support up to 144 kW0...
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HighlightsMG S6 sales to begin from coming Monday in NepalParamount Motors handling distribution and market rolloutElectric SUV positioned above the MG S5 in the lineup77 kWh battery confirmed for international specificationClaimed 530 km WLTP range on long range variantRWD variant expected for Nepal marketFast charging...
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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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HighlightsGeely Starship 7 EV unveiled as a new-generation electric SUV conceptBuilt on Geely’s advanced EV architecture with focus on efficiency and intelligenceShowcases next-gen design language and digital cockpit integrationHints at future production SUV lineup under Geely’s global strategyEmphasis on smart driving technology and connected mobilityPositions...
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HighlightsMG S6 Electric SUV confirmed for Nepal entry via Paramount MotorsFeatures a 77 kWh battery with up to 526 km WLTP rangePowered by 180 kW motor, producing 245 PS and 350 NmRear-wheel-drive layout confirmed for Nepal marketLarge SUV footprint with 4708 mm length and 2835...
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HighlightsServo lubricant production has officially started in NepalBacked by Indian Oil Corporation, a long-standing fuel partner in the regionMarks a shift toward local manufacturing of automotive consumablesLinked with Nepal Oil Corporation distribution ecosystemAims to improve supply stability and reduce dependency on importsTargets both automotive and...
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HighlightsDepartment of Transport Management issues directive against EV overchargingEV charging stations warned to follow approved pricing standardsFocus on protecting electric vehicle users from arbitrary feesApplies to both private and commercial charging operatorsRising EV adoption in Nepal triggers regulatory interventionMove signals stronger government oversight in EV...
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HighlightsChery introduces the Exeed EX7 as a high-tech SUVFocus on advanced technology and premium positioningPart of Chery’s broader push into smart mobilityTargets competitive mid-to-premium SUV segmentEmphasis on design, connectivity, and comfortSignals Chery’s intent to expand global footprintChery Steps Up With The Exeed EX7Chery has officially...
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HighlightsCrude oil prices increase again, continuing global volatility trendNepal Oil Corporation faces renewed cost pressureFrequent price fluctuations linked to international market instabilityPotential downstream impact on petrol, diesel pricing in NepalImport-dependent economy remains vulnerable to global shiftsConsumers likely to feel indirect cost pressure soonGlobal crude surge...
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HighlightsOmoda, Jaecoo, and iCaur introduce extended warranty coverage across key modelsStrategy targets rising concerns around EV reliability and battery longevityMove strengthens positioning in the affordable EV and emerging market segmentsFocus on lowering total cost of ownership and improving resale valueAims to compete with global leaders...
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HighlightsBYD increases EV prices in Nepal by up to NPR 3 lakhPopular models affected include the BYD Atto 3, BYD Dolphin, and BYD SealPrice revision linked to higher import costs, currency shifts, and global EV demandBYD remains a best-selling EV brand in Nepal despite the...
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