KATHMANDU: The government has reduced the Road Development Fee (RDF) on entry-level electric vehicles priced up to Rs 2 million. The fee has been cut from 5 percent to 2.5 percent through an amendment to the Finance Bill 2026. The…

KATHMANDU: The upcoming fiscal year 2026/27 budget is bringing major changes to how electric vehicles are taxed in Nepal. The shift will push prices up across the board but premium SUVs will feel it the most. The government has moved…

KATHMANDU: The government is set to levy a ‘Clean Infrastructure Investment Fee’ even on electric vehicles (EVs) imported before the budget announcement. Through the Economic Act 2026(2083), introduced to implement the budget for the upcoming fiscal year 2026/27(2083/84), the government…

KATHMANDU: SPG Automobiles, the official distributor of Omoda in Nepal, has launched the facelifted Omoda E5 Pro in the Nepali market. The company has set the official price of the new Omoda E5 Pro at Rs 5.159 million for the…

KATHMANDU: Chinese battery manufacturer CATL has announced plans to begin mass production of sodium-ion batteries in 2026. The company says the technology will help reduce battery costs and lessen reliance on lithium-based raw materials. Speaking at the 2026 Equipment Powerhouse…