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Mitsubishi to launch new SUV in 2026, Pajero comeback possible

KATHMANDU: Mitsubishi Motors is preparing to launch a new SUV later this year, raising speculation about the possible return of the iconic Mitsubishi Pajero. The update came from Keisuke Kishiura, who described the upcoming model as a “true cross-country SUV.”…
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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…
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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…
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China shocked the EV world, Nepal took the opportunity

KATHMANDU: Toyota was the first major Japanese brand to commercially produce an electric vehicle. In 1997, it launched the electric version of its popular Toyota RAV4 EV. The move showed that EVs had real market potential. Electric vehicle development, however,…
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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…