KATHMANDU: LRR Motors Pvt. Ltd., the importer and distributor of Geely vehicles in Nepal, has announced a Nepali New Year special scheme for the Geely EX5 Max electric SUV. The company has launched the offer under the theme “New Energy,…

KATHMANDU: Nepal Oil Corporation has significantly increased the prices of petroleum products. The corporation stated that the price hike was necessary due to rising crude oil prices in the international market and the growing outstanding payments owed to the Indian…

KATHMANDU: The Government of Nepal has issued a new directive allowing petrol to be blended with up to 10 percent ethanol. The policy, titled “Petrol Ethanol Blending and Usage Order 2082”, has been published in the Nepal Gazette by the…

KATHMANDU: The government of Maharashtra, India has proposed new incentives to encourage vehicle owners to scrap older vehicles and replace them with new models. The proposal was announced in the state’s latest budget, according to TOI. Under the plan, owners…

KATHMANDU: The European Union is set to propose new “Made in EU” rules for electric vehicles, but the plan could trigger retaliation from key trading partners, according to Reuters. Under the draft Industrial Accelerator Act, EVs would need at least…