News

ICE cars fall below 50% of global new-vehicle sales

KATHMANDU: ICE-powered vehicles accounted for less than half of global new-vehicle sales for the first time in the first half of 2026. Higher oil prices and lower running costs helped increase demand for electric vehicles, according to Nikkei. Data from…
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Government moves to regulate tax exemption on EV batteries

KATHMANDU: The government is preparing to regulate the tax exemptions provided on deep-cycle lead-acid and lithium-ion batteries used in electric vehicles and clean tempos. The Ministry of Forests and Environment has prepared drafts of two separate procedures for this purpose.…
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Nepal’s Dashain car sales stall as import routes remain shut

KATHMANDU: Only few days remain for Dashain, with Ghatasthapana scheduled for October 11. However, vehicle importers are facing uncertainty over supplies as all major border points used to import vehicles from China remain closed or disrupted. The Rasuwagadhi border has…
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MeroAuto Ride 4.0 to be held on October 2

KATHMANDU: The fourth edition of the MeroAuto Bike Ride (Ride 4.0) will be held on Friday, October 2. Automotives Pvt. Ltd. is organizing the ride on World Tourism Day. It will run from Kathmandu to the historic Gorkha Durbar. The…