News

Proton e.MAS 5 coming soon to Nepal, price unconfirmed

KATHMANDU: Jagadamba Motors, the authorized distributor of Proton in Nepal, plans to start sales of the Proton e.MAS 5 from the upcoming Nepali New Year. The company has already brought the electric hatchback to Nepal as part of preparations for…
News

BYD eyes Formula One entry to take on Ferrari and McLaren

KATHMANDU: Chinese EV giant BYD is reportedly in discussions to enter Formula One as part of its strategy to increase global brand visibility. According to a Bloomberg report, the company is exploring ways to participate in the championship as it…
News

AI boom drives EV prices higher as chip competition intensifies

KATHMANDU: Rising costs in the AI ​​and automotive sectors are driving electric vehicle prices higher worldwide. Automakers face dual pressures: surging demand for memory chips from the AI ​​industry and rising lithium prices causing battery supply shortages. Since mid-2025, prices…