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Renault targets 7 models by 2030 under new India growth plan
KATHMANDU: Renault Group has announced its new ‘future India’ strategy, with plans to launch seven models in India by 2030. The future lineup will include compact cars, SUVs, strong hybrids and fully electric vehicles. The company said India will…
Local governments barred from charging tax on goods transport
KATHMANDU: Local governments in Nepal will no longer be allowed to impose taxes, fees or charges on goods being transported through their jurisdictions. The decision was made during the meeting of the Intergovernmental Fiscal Council and its thematic committee held…
Stellantis, Microsoft signs five-year deal to accelerate AI push
KATHMANDU: Stellantis and Microsoft have signed a five-year strategic partnership focused on artificial intelligence, cybersecurity and engineering, according to Reuters. The agreement comes as global automakers race to match fast-moving technology rivals, especially Chinese brands that are rapidly adding new…
Leapmotor offers cars at 15% down payment and 5.96% interest rate
KATHMANDU: Leapmotor’s official distributor in Nepal, Shangrila Motors, has announced a New Year offer on its EV lineup. Under the scheme, customers can purchase any Leapmotor model with just 15 percent down payment. The company is also offering a low…
Old two-wheelers exchange offer announced for Tiago EV, down payment at Rs 499,000
KATHMANDU: Sipradi Trading has launched a new ‘Switch to Tiago EV’ campaign in Nepal. Under this offer, customers can exchange any brand of old motorcycle or scooter for a new Tata Tiago EV. The exchange camp will run from April…