KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA) has urged the Nepal Rastra Bank and the Ministry of Finance Nepal to increase the loan-to-value (LTV) ratio for vehicle hire-purchase loans from the current 60 percent to a maximum of…

KATHMANDU: With the House of Representatives election scheduled for March 5, major political parties have unveiled their manifestos, placing electric vehicles (EVs) at the center of their economic and energy strategies. Most parties have prioritized green economy goals and energy…

KATHMANDU: The global auto industry enters 2026 facing slower EV growth, rising software integration and renewed focus on hybrids. After a volatile 2025 marked by affordability concerns and regulatory shifts, automakers are adjusting strategies for a more measured transition. Here…

KATHMANDU: Tata Motors has launched the updated Punch.ev in India at an introductory price of Rs 969,000 Indian rupees(ex-showroom). The electric SUV is positioned between the Tiago.ev and the Nexon.ev in the company’s EV portfolio. Customers can also choose the…

KATHMANDU: Laxmi E-Mobility Pvt. Ltd., the authorized distributor of Forthing in Nepal, has introduced a limited-period scheme titled “Exchange & Upgrade to Friday EV,” offering benefits of up to Rs 700,000 on the purchase of the Forthing Friday. The offer…