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Nepal Bank offers auto loan at 4.94% interest

KATHMANDU: Nepal Bank has introduced an auto loan scheme for customers planning to buy vehicles during the festive season. Under the scheme, customers can get vehicle loans at an interest rate of 4.94%. The offer is available until the end…
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A guide to Chinese EV brands available in the Nepal market

KATHMANDU: More than two dozen Chinese vehicle brands have entered the Nepali market in recent years. Some have established a strong presence, while others are still trying to build their position. Many brands have entered with only one or two…
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Hyundai offers up to Rs 500,000 discount, free insurance and road tax

KATHMANDU: Hyundai customers in Nepal can get up to Rs 500,000 in cash discounts along with free insurance and road tax under the company’s new festive offer. Laxmi Intercontinental, the authorized distributor of Hyundai in Nepal, has introduced the ‘Hyundai…
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Freelander 8 sets guinness world record at 6,002 meters

KATHMANDU: Chery-JLR’s Freelander 8 has set a Guinness World Record after climbing to an altitude of 6,002.33 meters in Tibet, China, highlighting the capability of its extended-range electric powertrain in extreme conditions. The Freelander 8 completed the climb on August…