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SERES organizes nationwide Monsoon Exchange Camp

KATHMANDU: SERES Nepal is organizing ‘Monsoon Exchange Camp’ at all its authorized showrooms across the country. The week-long campaign, which kicked off on Thursday, promises the best vehicle exchange valuation in the industry, according to the company. Customers willing to…
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BYD scales back production in China as inventory piles up

KATHMANDU: Chinese automaker BYD has scaled back production at several domestic plants as unsold inventory levels continue to rise, despite recent aggressive discounting efforts. According to Reuters, BYD has canceled night shifts at its plants and deferred plans to install…
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EVs worth Rs 11.33 billion imported in one month

KATHMANDU: Electric vehicles worth Rs 11.33 billion were imported into the country in the month of Jestha (mid-May to mid-June) of the current fiscal year 2024/25. According to the Department of Customs, 3,598 units of electric cars, jeeps and vans…