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261,000 vehicles face sale and renewal ban over unpaid fines

KATHMANDU: Vehicle owners and drivers who fail to pay traffic fines may no longer be able to access services provided by transport offices. The Kathmandu Valley Traffic Police Office has written to the Department of Transport Management requesting that services…
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Free car If It burns: Chery’s new warranty bet on battery safety

KATHMANDU: Chery has unveiled a new battery safety assurance program that combines stricter engineering standards with a lifetime battery protection policy. Under the new plan, the company will replace the vehicle if a battery-related thermal runaway causes the car to…
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Car loans cheaper now: 9 banks cut base rates below 5%

KATHMANDU: Buying a new vehicle through a bank loan has become more affordable as commercial banks continue to lower their base rates, allowing borrowers to access auto loans at some of the lowest interest rates in Nepal’s history. With lending…
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India proposes mandatory cybersecurity rules for software-defined vehicles

KATHMANDU: India’s Ministry of Road Transport and Highways has proposed mandatory cybersecurity and software update management rules for software-defined and highly automated vehicles. The move marks the country’s first regulatory framework to address cyber risks in connected vehicles, according to…
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ADB to back Nepal’s tourism road infrastructure development

KATHMANDU: The Asian Development Bank (ADB) has expressed its commitment to supporting the development of Nepal’s tourism road infrastructure. The commitment came during a courtesy meeting between Prime Minister Balendra (Balen) Shah and ADB President Masato Kanda on Tuesday. The…