KATHMANDU: Chinese electric vehicle (EV) giant BYD is entering Europe’s luxury car market with its premium brand, Denza. The company is launching the Denza Z9 GT, which comes loaded with the innovative ‘crab walk’ feature, to take on established European…

KATHMANDU: Nepal’s electric vehicle (EV) market is witnessing robust growth in 2025, with 2,365 units imported between January 1 and April 15, according to the Department of Customs. While Chinese brands maintain a strong hold on overall EV imports, India’s…

KATHMANDU: The new generation model of the Hyundai Palisade is set to enter the market. Even before its official launch, the updated Palisade has gained global attention. It will feature a 2.5-liter turbo hybrid engine. Korean automaker Hyundai unveiled the…

KATHMANDU: Even though auto loan interest rates are low, people still need to make a large down payment to buy electric cars. Recently, NRB reduced the loan-to-value ratio for EVs from 80 percent to 60 percent. However, Jagdamba Motors, the…

KATHMANDU: Electric vehicles (EVs) are gaining widespread adoption as the world accelerates its shift toward green energy. Nepal is also experiencing rapid EV adoption with penetration reaching an estimated 65–70%. Beyond their environmental advantages, EVs are proving to be more…