KATHMANDU: Nepal’s 61st Annual Report of the Office of the Auditor General has highlighted major irregularities in tax exemptions provided to motorcycle assembly industries, CKD vehicle imports, and electric vehicles. The report states that motorcycle assembly industries received large tax…

KATHMANDU: Hyundai Motor Company has started testing a new compact SUV in India that is expected to be positioned between the Hyundai Venue and Hyundai Creta. The heavily camouflaged test mule was recently spotted in Hyderabad with temporary Tamil Nadu…

KATHMANDU: Two new electric hatchback cars from China are preparing to enter the Nepali market. MG4 Urban and Arcfox T1 are expected to launch in Nepal in the coming months. Among them, Arcfox is a completely new brand for Nepal.…

KATHMANDU: Discussions about possible tax changes on electric vehicles have started creating confusion in Nepal’s automobile market ahead of the upcoming budget announcement. In recent days, reports and rumors about EV taxes have been spreading on social media and in…

KATHMANDU: A new test vehicle from Maruti Suzuki has been spotted testing in India, hinting at a possible new electric SUV for the brand. The heavily camouflaged model is believed to be the upcoming YMC electric SUV, which is expected…