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Small, cheaper EVs struggling to find buyers in Nepal

KATHMANDU: The production of low-cost electric cars is declining gradually. Until a few years ago, electric vehicles (EVs) were largely synonymous with compact, city-focused cars. However, that trend is changing with manufacturers now scaling down production of small EVs. When…
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Chinese self-driving tech firms shift focus to Europe for expansion

KATHMANDU: Blocked from the U.S. market, Chinese self-driving technology companies are expanding rapidly in Europe, Reuters reports. They are opening offices, signing data deals and testing autonomous vehicles, raising competition concerns among local firms. China is already the world’s biggest…
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Paramount Motors begins IM 6 delivery

KATHMANDU: Paramount Motors, the authorized distributor of MG vehicles in Nepal, has begun delivering the IM 6 SUV. IM is the premium sub-brand of MG. Although the company had planned to begin delivery after the NAIMA Nepal Mobility Expo in…