KATHMANDU: The government has tightened rules on importing small electric microbuses (vans). According to the new Financial Act 2026(2083), introduced to implement the budget presented by Finance Minister Dr. Swarnim Wagle on Friday, the customs duty on electric microbuses with…

KATHMANDU: Ride-sharing services are now set to become more expensive. The government, through the Economic Bill 2026, has imposed a total of 6 percent tax on ride-sharing services under two different headings. The government has levied a 5 percent Value…

KATHMANDU: The government has doubled the third-party insurance coverage requirement for vehicle owners to Rs 1 million. Announcing the budget for fiscal year 2026/27 during the joint meeting of the Federal Parliament on Friday, Finance Minister Dr. Swarnim Wagle said…

KATHMANDU: The much-awaited Hero Xpulse 210 has arrived in Nepal. CG Motors has started bringing the motorcycle for sales after showcasing it at the NADA Auto Show 2025. The company had been testing and preparing the motorcycle for the Nepali…

KATHMANDU: Toyota Motor has halted development of the next-generation Lexus electric sedan as the company shifts focus towards SUVs and other high-demand vehicle segments amid slowing global EV sales. According to Nikkei Asia, Toyota has stopped plans for the production…