News

Government of Delhi to impound end-of-life petrol and diesel vehicles

KATHMANDU: The Government of Delhi has announced strict enforcement against end-of-life vehicles (ELVs) operating in the city. According to a public notice issued by the Delhi Transport Department, older petrol and diesel vehicles found operating or parked in public places…
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NAIMA calls for 80% loan-to-value ratio on vehicle hire-purchase loans

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…
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EVs take center stage in election manifestos

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…
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Rooftop vehicles banned during election campaigns for security reasons

KATHMANDU: Candidates contesting in the House of Representatives elections will not be allowed to use rooftop vehicles (vehicles driven with open roofs for public interaction) during campaign programs. The decision was taken at a meeting of the Central Security Committee…