KATHMANDU : Volkswagen AG is reportedly close to selling a stake in its Indian business to the JSW Group, as the German automaker looks to strengthen its presence in one of the world’s fastest-growing automotive markets. According to a Bloomberg…

KATHMANDU: Nepal’s fast-growing electric vehicle market is set for a fresh showdown in the affordable hatchback segment. The launch of the Proton e.MAS 5 is expected to intensify competition with the BYD Atto 1. The Atto 1 has gained impressive…

KATHMANDU: The Kathmandu Metropolitan City (KMC) has introduced a tax incentive to encourage the construction of dedicated commercial parking facilities within the city. Under the Economic Act 2083, developers who construct buildings exclusively for commercial parking purposes will receive a…

KATHMANDU: The Employees Provident Fund (EPF) has introduced a vehicle loan scheme, allowing its contributors to finance the purchase of two-wheelers and four-wheelers. The facility comes into effect following the implementation of the Employees Provident Fund Contributors’ Vehicle Loan Regulations,…

KATHMANDU: Audi’s all-electric A2 E-Tron has been spotted testing in Europe with minimal camouflage, offering the clearest look yet at the brand’s upcoming entry-level EV. The production model is expected to make its global debut later this year as a…