News

Iran war sends early shockwaves through global automotive industry

KATHMANDU: The ongoing conflict involving Iran is beginning to affect the global automotive industry, with rising oil prices, disrupted shipping routes, and production adjustments already being reported. Industry analysts say the situation is evolving from a geopolitical issue into a…
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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…