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Bagmati Province hikes annual tax on small EVs

KATHMANDU: The Bagmati Province government has increased the annual vehicle tax for small electric vehicles. The move comes through the Economic Bill 2026 (2083). The province has increased the annual tax for four-wheeler EVs with motor capacity up to 50…
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Global shift to EVs accelerates, with China at the forefront

KATHMANDU: Fluctuating fuel prices and global energy uncertainty have increased demand for electric vehicles. As petroleum prices are affected by geopolitical conflicts, consumers are increasingly looking for alternative energy options. Fuel prices rose sharply after the Russia-Ukraine war. Recent tensions…
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Triumph and KTM open new multi-brand showroom in Kumaripati

KATHMANDU: A new multi-brand showroom for Triumph and KTM has started operations in Kumaripati, Lalitpur. The showroom has been launched with the aim of providing complete sales, service, and spare parts facilities to customers from a single location. With the…
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BYD Atto 2 refresh spotted with RWD setup and LiDAR technology

KATHMANDU: BYD’s upcoming refreshed Atto 2 electric SUV has been spotted in China with major updates, including a rear-wheel-drive (RWD) system and optional LiDAR-based driver assistance technology. The Atto 2, known as Yuan UP in the Chinese market, has been…
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Honda-Nissan partnership deal almost done, announcement coming soon

KATHMANDU: Honda Motor CEO Toshihiro Mibe has said the company’s collaboration talks with Nissan Motor are progressing and could be announced soon, writes Nikkei Asia. Speaking at Honda’s annual shareholders meeting, Mibe said the two companies are moving forward with…