KATHMANDU: Chinese battery giant CATL is boosting its global electric vehicle (EV) market presence with two groundbreaking advancements in battery technology. At the IAA Munich auto show, the company unveiled its Shenxing Pro lithium iron phosphate (LFP) batteries, designed for…

KATHMANDU: The Indian government has announced a major cut in Goods and Services Tax (GST) on vehicles and farm equipment to boost demand. GST on small cars, motorcycles up to 350cc, three-wheelers, buses, trucks and ambulances has been reduced to…

KATHMANDU: A new Tata Motors showroom has opened in Dhangadhi, expanding the brand’s reach in Nepal’s Far West Province. Sipradi Trading Pvt. Ltd., the sole authorized distributor of Tata Motors in Nepal, partnered with G.A.R.S. Trading Concern as its official…

KATHMANDU: Aucwell, a Chinese commercial vehicle manufacturer, has entered the Nepali market by appointing EV Go Nepal Pvt. Ltd. as its official distributor. Aucwell is known for producing electric microbuses, vans, and pickups and has nearly two decades of experience…

KATHMANDU: Commercial banks are fiercely competing to offer auto loans to car buyers. Targeting the ‘NADA Auto Show 2025,’ which began on August 19, banks have introduced auto loan schemes with low interest rates. On one hand, the banking system…