KATHMANDU: Nepal’s new value-based taxation system is creating fresh challenges for automobile importers. Companies say they are being forced to adjust declared vehicle values ​​to manage rising tax burdens. The shift to CIF-based taxation means taxes are calculated at the…

KATHMANDU: Hyundai’s upcoming Ioniq V has been spotted in near-production form in China, revealing a mid-size electric fastback sedan with a strong focus on design and technology. The Ioniq V measures 4,900 mm in length, 1,890 mm in width, and…

KATHMANDU: As seen in previous years, Nepal witnessed a surge in electric vehicle (EV) imports just ahead of the budget announcement. According to customs data, a total of 2,746 units of electric cars were imported in May 2026 (between Baisakh…

KATHMANDU: Premium electric SUVs in Nepal are set to become significantly more expensive following the new tax structure introduced in the Fiscal Year 2026/27 budget. The government has replaced the excise duty system with a new ‘Clean Infrastructure Investment Fee’.…

KATHMANDU: Tata Motors’ upcoming Tata Safari EV has been spotted testing on Indian roads for the first time in India. The electric SUV will compete with the Mahindra XEV 9S in the three-row EV segment. The Safari EV retains a…