KATHMANDU: Toyota is expected to unveil the all-new RAV4 later this year, with global sales expected to begin as a 2026 model. While the company has labeled it ‘all-new’, the upcoming RAV4 will be an upgraded version of the existing…

KATHMANDU: Hire purchase loan investments by banks and financial institutions increased by 4.1% over the first nine months of the current fiscal year 2024/25. According to a recent data from the Nepal Rastra Bank (NRB), banks and financial institutions invested…

KATHMANDU: Many dealers in Nepal promote electric vehicles as low-maintenance vehicles, claiming that owners only need to service the tires, wiper blades and cabin air filter. It, however, tells only part of the story. Indeed, EVs generally require less maintenance…

KATHMANDU: Self-driving startup Pony.ai has been forced to suspend its autonomous taxi services in Beijing after one of its robotaxis caught fire on May 13. The incident has raised renewed concerns about the safety of driverless vehicles. According to the…

KATHMANDU: Nepal’s automobile market will see the launch of six electric SUVs in the near future. Four of these models are from China, while two are from India. Both automobile dealers and consumers are showing keen interest in these models,…