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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HighlightsDelhi Government unveils draft EV Policy 2026–2030 with major tax relief structureRoad tax exemption and registration fee waiver proposed for EVs up to ₹30 lakhPolicy window runs until March 31, 2030, effectively creating a multi-year incentive cycleHybrid cars to receive 50 percent tax relief under...
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HighlightsToyota GR Yaris officially arrives in NepalImported by United Traders Syndicate, the authorized distributorPowered by a 1.6L turbocharged engine with GR-Four AWDPositioned as a rally-bred performance hatchbackLimited, niche offering targeting enthusiastsArrival signals Toyota’s push into high-performance segmentsToyota GR Yaris lands in Nepal, quietly, but it...
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HighlightsFake number plates increasingly used on stolen vehicles in NepalAuthorities identify organized manipulation of registration identitiesStolen cars reintroduced into circulation using duplicate or altered platesLaw enforcement faces tracking and verification challengesGrowing concern over public safety and regulatory loopholesCalls for stronger vehicle identification and digital tracking...
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HighlightsAsan Bazar designated as a vehicle-free zone in Kathmandu starting BaisakhInitiative focuses on pedestrian safety and heritage preservationAuthorities aim to reduce traffic congestion in the historic coreImplementation includes restricted vehicle entry during key hoursLocal businesses and residents expected to adapt to new mobility patternsPart of...
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