KATHMANDU: Chinese EV brand Arcfox has entered Nepal with the T1 electric crossover. The model has made a strong debut in the market within a short period of its launch. The Arcfox T1 is being imported and distributed in Nepal…

KATHMANDU: BYD is set to launch its new Sealion 08 flagship SUV in China on September 2. The mid-to-large SUV will be offered in both plug-in hybrid (PHEV) and battery electric (BEV) versions. It will be positioned as the flagship…

KATHMANDU: The price of the Dongfeng Nammi Box electric hatchback has been reduced in Nepal, with the updated model also receiving several feature changes. The larger-battery version is now priced at Rs 3.299 million, down from Rs 3.625 million. The…

KATHMANDU: Hero MotoCorp is set to invest around US$184 million in electric two-wheeler maker Ather Energy, according to ET. The investment will increase Hero MotoCorp’s stake in Ather from 29.88% to around 32.8%. Hero is already Ather’s largest shareholder. The…

KATHMANDU: The demand for affordable cars has been growing in Nepal, particularly in the Rs 3 million to Rs 4 million price range. The ongoing price competition has pushed several models that were previously priced above Rs 4 million into…