KATHMANDU: Himalayan Bank has initiated the process to seize 337 Vespa and Aprilia scooters after the borrower failed to repay the loan principal and interest, triggering recovery action under collateral enforcement procedures. The bank issued a 15-day public notice, stating…

KATHMANDU: The Armed Police Force Nepal (APF) has released 775 electric vehicles that were taken under control on June 4, 2026, following an investigation that found no irregularities in their import process. The vehicles were detained from the Jomsom and…

KATHMANDU: The government’s decision to impose tax on the CIF (Cost, Insurance and Freight) value of electric vehicles from the fiscal year 2026/27 budget has increased the prices of premium electric vehicles. Luxury EV models from brands like BMW, Tesla,…

KATHMANDU: MG has unveiled the new MG 07 fastback sedan, which will be available in both battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) versions, according to Autohome. The new model has been listed in China’s new energy…

KATHMANDU: The Madhesh Province government has announced route permit discounts for electric buses as part of its plan to promote electric mobility and improve public transportation services. Provincial Finance Minister Yubaraj Bhattarai made the announcement while presenting the budget for…