News

Dollar rise signals higher vehicle import costs ahead

KATHMANDU: The US dollar has reached a new high against the Nepali rupee. Nepal Rastra Bank set the dollar’s buying rate at Rs 145.35 and the selling rate at Rs 145.95 on Wednesday. This is the highest level recorded so…
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Small petrol SUVs remain strong despite EV dominance in Nepal

KATHMANDU: Electric vehicles continue to dominate Nepal’s passenger car market, accounting for around 70% of total imports this fiscal year. Still, petrol cars are far from disappearing. Data shows a modest rebound, with petrol vehicles now making up about 40%…
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Ather Rizta achieves 2 million unit sales milestone

KATHMANDU: Ather Rizta sales have crossed the 2 million unit mark in India since its launch in April 2024. The Rizta reached the first 1 million unit sales in less than a year, while the last 1 million units were…
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Top 5 EVs that dominated Nepal’s vehicle imports in 2025

KATHMANDU: 2025 is coming to an end, and the EV market has grown faster than ever. Many new models entered Nepal this year. EVs priced between Rs 3 million and Rs 6 million saw the highest demand. Brands like BYD,…