KATHMANDU: The government’s budget for fiscal year 2026/27 has introduced a new tax structure for electric vehicles. However, the prices of several entry-level EVs are unlikely to increase due to the changes. The government has removed the existing excise duty…

KATHMANDU: Vehicles dropping off or picking up passengers at Tribhuvan International Airport will now be allowed to stay for up to 15 minutes without paying a parking fee. The Tribhuvan International Airport Office introduced the new arrangement to make passenger…

KATHMANDU: Paramount Motors has increased the price of the MG S6 electric SUV following the government’s recent tax revision on EVs. The MG S6 was launched in Nepal only last month at a starting price of Rs 6.999 million. The…

KATHMANDU: Ferrari has made it clear that it has no plans to build fully autonomous vehicles. The Italian sports car maker says driving pleasure will remain at the heart of every Ferrari. Speaking to international media, Ferrari CEO Benedetto Vigna…

KATHMANDU: Tata Motors has introduced the Intra V40, a new bi-fuel pickup truck in the small commercial vehicle (SCV) segment in India. The Intra V40 is powered by a 1.2-liter engine. It runs on both petrol and CNG. The engine…