KATHMANDU: Finance Secretary Ghanashyam Upadhyay has expressed concern over the private sector’s limited role in innovation in the automobile sector. Speaking during the ‘Innovative Mobility for Economic Development’ session in the NADA Auto Dialogue organized recently by the by the…

KATHMANDU: Vehicle owners may soon be liable to pay for damages, even if their vehicle is not directly involved in a crash. The Ministry of Physical Infrastructure and Transport has proposed a new road safety law that broadens the definition…

KATHMANDU: China has banned automakers from advertising driver assistance features as ‘smart driving’ or ‘autonomous driving’ following a deadly accident involving Xiaomi’s new SU7 electric sedan. The move comes after the crash in March, where the vehicle hit a cement…

KATHMANDU: The Ministry of Physical Infrastructure and Transport has introduced a new standard for taxi services in Nepal. The “Standards for Vehicles Used as Taxis, 2025,” which was unveiled recently, classifies taxis into General, Deluxe, and Luxury categories based on…

KATHMANDU: As the number of electric vehicles (EVs) continues to rise, the Nepal Insurance Authority (NIA) is developing a separate insurance policy tailored for electric vehicles (EVs). The new policy will consider factors such as the cost of spare parts,…