KATHMANDU: Vehicle purchases through bank and financial institution loans have increased in the first four months of the current fiscal year 2025/26 (mid-July to mid-November), according to Nepal Rastra Bank (NRB). NRB data released on Monday shows that hire-purchase lending…

KATHMANDU: Volkswagen has opened its first full-process R&D and testing center outside Germany in Hefei, China. The new facility spans about 100,000 square meters and includes more than a hundred advanced laboratories. It brings software development, hardware testing, and vehicle…

KATHMANDU: Foton is increasing its presence in Nepal’s commercial mobility sector, offering reliable vehicles for small businesses, schools, and transport operators. With fuel prices rising, many users are choosing Foton’s electric and commercial models to cut operating costs and improve…

KATHMANDU: GAC has built China’s first large-capacity all-solid-state battery production line. State media confirmed the facility is now operational and producing 60 Ah-class vehicle-grade cells on a small-batch test basis. GAC says these cells can double the driving range of…

KATHMANDU: Batas M.A.W. Commercial Vehicles has launched a nationwide Mega Service Camp for Eicher customers, running from December 3 to 5, 2025, across all Eicher exclusive workshops and branches in Nepal. The campaign aims to strengthen after-sales support and help…