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Kumari Bank and GIZ Nepal partner to promote electric public transport

KATHMANDU: Kumari Bank Ltd. and German Society for International Cooperation (GIZ) GmbH (GIZ Nepal) have signed a Memorandum of Understanding (MoU) to support the growth of electric public transport in Nepal under the Sustainable Electric Transport for Nepal (SET4NPL) project.…
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China to restrict lithium battery and graphite exports from November 2025

KATHMANDU: China will introduce new export controls on lithium batteries and graphite anode materials starting November 8, 2025, according to the Global Times. The Ministry of Commerce (MOFCOM) and the General Administration of Customs announced the decision to protect national…
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Stronger Chinese yuan pushes up EV import costs in Nepal

KATHMANDU: Electric vehicles (EVs) imported from China are becoming more expensive for Nepali importers as the Chinese yuan continues to strengthen against the Nepali rupee. Although Chinese automakers have not raised EV prices and remain engaged in an ongoing price…