KATHMANDU:Mitsubishi has officially confirmed the return of the iconic Mitsubishi Pajero nameplate, nearly five years after production ended in 2021. The new-generation model is scheduled to make its global debut this fall. The revived Pajero will be a dedicated off-road…

KATHMANDU: Chinese automaker SAIC Motor is set to sell an additional 10 percent stake in JSW MG Motor India to the JSW Group, according to a Reuters report. Once the transaction is completed, JSW Group will become the largest shareholder…

KATHMANDU: Chinese battery manufacturer CATL has announced plans to begin mass production of sodium-ion batteries in 2026. The company says the technology will help reduce battery costs and lessen reliance on lithium-based raw materials. Speaking at the 2026 Equipment Powerhouse…

KATHMANDU: The Gandaki Province government has fixed ride-sharing fares for two-wheelers and four-wheelers operating within the province. The fare rates were set by the Ministry of Physical Infrastructure Development and Transport Management following the implementation of ride-sharing regulations approved by…

KATHMANDU: The Ministry of Finance has clarified the tax structure for electric vehicles (EVs) following confusion over the provisions introduced through the Financial Act 2026(2083). The government has replaced the previous excise duty on EVs with a new levy called…