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NADA Auto Show 2026 Preparations Complete With 200 Plus Stalls

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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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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Kia Syros EV Booking Opens in Nepal at Rs 35.90 Lakh

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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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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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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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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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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Madhes Pradesh Eyes Faster EV Adoption Through Private Charging Investment

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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BYD Faces New US Security Challenge While Denying Military Links

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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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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Nepal’s new budget changes EV taxes from kW-based, to price-based duties.

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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Nepal Raises Road Construction Tax on EVs

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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Simpler EV Tax Structure Considered Ahead Of New Budget

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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Xiaomi finally brings the YU7 to compete with Tesla Model Y

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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2026 Tata Tiago Facelift Arrives May 28 With Sharper Design And EV Update

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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Hydrogen Suzuki Swift Debuts With 1.4L Engine At Vienna Symposium

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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Beijing Auto Show 2026 signals a decisive shift to AI-driven electric mobility

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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India EV tax policies shift with 100% road tax waiver proposals

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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Omoda, Jaecoo, iCaur extend warranty to win EV buyer trust

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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Law in Progress.... EV Conversion Coming Soon.

HighlightsNepal is drafting a law to allow petrol to EV conversion across the countryThe policy targets faster adoption of affordable electric vehicles without buying new carsStandardization, certification, and safety rules will be central to the frameworkRetrofitting could create a new EV jobs and service ecosystemStrong...

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