HighlightsSAVWIPL has signed a non-binding MoU with JSW Group to explore a possible partnership.The proposed cooperation targets manufacturing, localisation and research and development in India.JSW Group is seeking a majority stake if the partnership ultimately moves forward.SAVWIPL recorded a 36 percent year-on-year volume increase in...
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HighlightsAn electric car caught fire on the East-West Highway in Bharatpur Metropolitan City–9 on Friday morning, September 11, 2026.The driver was found dead inside the vehicle after the fire was extinguished.Police said the body was badly burnt, making it difficult to establish the deceased's identity.The...
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Highlights133 electric vehicles reached Nepal through the Korala border in Bhadra, with customs clearance underway.The surge comes after Rasuwagadhi and Tatopani were closed, forcing China-focused automobile importers to find another route.Importers are diverting vehicles originally planned for the two traditional checkpoints and are also opening...
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HighlightsKrishna Bhir, about 83 km from Kathmandu along the Prithvi Highway in Dhading, has a long history of repeated slope failures.A major landslide in August 2000 blocked the highway for about 11 days before single-lane traffic was restored.The slope became a landmark case for combining...
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HighlightsNADA Auto Show 2026 runs from August 25 to 30 at Bhrikutimandap, Kathmandu, with NADA reporting 53 vehicle-brand entries across passenger vehicles, light commercial vehicles and two-wheelers. The passenger-vehicle field is led by new EVs and includes Deepal, BYD, Geely, Nammi, Tata, Suzuki, Riddara, Avatr,...
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HighlightsJSW MG Hector Tomahawk EV is a new seven seat electric SUV launched in India.Bookings are now open in India at a starting price of Rs 19.49 lakh.The SUV uses MG's ADAPT platform, the company's advanced electric vehicle architecture.Power comes from a 150 kW electric...
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HighlightsMore than 800 EVs and containers were swept away by a sudden flood in the Rasuwagadhi area on Wednesday morning.The flooding in the Bhotekoshi River affected the Rasuwagadhi customs area and surrounding locations.Automobile businesses estimate that more than 700 electric cars were swept away, although...
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HighlightsNADA Auto Show 2026 will run from August 25 to August 30 at Bhrikutimandap, Kathmandu.The 18th edition will feature more than 200 stalls across vehicles, components, finance, insurance and related services.The show will include 23 passenger car brands, 17 light commercial vehicle brands and 13...
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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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