News

AI boom drives EV prices higher as chip competition intensifies

KATHMANDU: Rising costs in the AI ​​and automotive sectors are driving electric vehicle prices higher worldwide. Automakers face dual pressures: surging demand for memory chips from the AI ​​industry and rising lithium prices causing battery supply shortages. Since mid-2025, prices…
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A dozen popular car models discontinued in Nepal

KATHMANDU: Several car models that were once popular in Nepal are no longer being sold in the market. Although these models continue to perform well in their countries of production, their imports to Nepal have stopped. Many vehicles produced and…
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Hyundai Verna gets a fresh look for 2026 with India launch

KATHMANDU: The facelifted Hyundai Verna has been launched in India with prices starting at 10,98,400 Indian rupees (ex-showroom). The updated midsize sedan receives design changes, new features, and additional safety technology. It continues to compete with models such as the…