News

Satyadeep partners with Camel group to launch lithium-ion batteries in Nepal

KATHMANDU: Satyadeep International has officially entered the lithium-ion battery and advanced energy storage segment in Nepal. The company has announced a partnership with Camel Group, one of Asia’s largest and most trusted battery manufacturers. Under the agreement, Satyadeep will distribute…
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Tata Group explores EV manufacturing plans in UP

KATHMANDU: Tata Group is considering expanding its electric vehicle manufacturing footprint in Uttar Pradesh, in line with the state’s EV subsidy policy. Discussions with the state government covered the introduction of new EV models, electric bus deployment and the development…
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Commercial vehicles outpace private segment in vehicle loan growth

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…
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Volkswagen opens first full-process R&D center outside Germany in China

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…