KATHMANDU: Buying a car through bank financing has become significantly cheaper as Nepal’s banking system records its lowest loan interest rates on record. According to data tracked since mid-February 2012, when Nepal Rastra Bank began publishing monthly average lending rates,…

KATHMANDU: China has officially banned electronically operated and concealed door handles on electric vehicles, citing safety concerns during crashes and power failures. The regulation will apply to all EVs sold in China from January 1, 2027. Under the new rules,…

KATHMANDU: India’s Budget 2026 has announced wide-ranging measures for the auto and EV sector, focusing on battery cost reduction, semiconductor localization, cleaner logistics, and alternative fuels. The policies are aligned with climate goals and aim to strengthen domestic value addition.…

KATHMANDU: Europe is at least two decades behind China in electric vehicle battery technology, according to German automotive expert Professor Ferdinand Dudenhoffer, who often referred to as the “Auto Pope” by German media. He shared the assessment in an interview…

KATHMANDU: Nepal Traffic Police have intensified enforcement against road rule violations, leading to a sharp rise in fine collections over the past month. According to data released by Nepal Police, revenue generated from traffic penalties in Poush (mid Dec-Jan) increased…