KATHMANDU: Chinese automaker LS Auto has introduced its third model in the Nepali market. The company’s authorized distributor, Blue Corporation Pvt. Ltd., has started sales of the LS Auto LEV X. The LS Auto LEV X is priced at Rs…

KATHMANDU: The Government of Delhi has proposed a full road tax and registration fee exemption for electric vehicles priced up to 3 million Indian rupees. The provision is part of its draft EV policy. The proposed benefit will be valid…

KATHMANDU: Oil prices rose sharply after Donald Trump announced a naval move targeting Iran. The decision came after ceasefire talks between the US and Iran collapsed over the weekend. The global benchmark Brent crude jumped more than 8 percent to…

KATHMANDU: Ouyang Minggao has projected that pure electric vehicles will dominate around 90% of China’s automotive market by 2040. He shared this outlook at the Intelligent Electric Vehicle Development Forum held in Beijing. The Tsinghua University professor stated that plug-in…

KATHMANDU: NADA Automobiles Association of Nepal has urged the government to introduce incentive policies for the development of the auto component industry. A NADA delegation, led by President Surendra Kumar Uprety, met Revenue Secretary Bhupal Baral at the Ministry of…