KATHMANDU: Nepal’s automobile market now offers over 50 electric vehicle (EV) models priced from Rs 1.5 million to as high as Rs 40 million. Luxury EVs from brands like Porsche, BMW, Audi and Tesla stand out at the higher end.…

KATHMANDU: The government has decided to implement the Euro 6 emission standards for internal combustion engine vehicles in the upcoming fiscal year. President Ram Chandra Paudel made the announcement, presenting the government’s policies and programs for the fiscal year 2025/26…

KATHMANDU: Nepal Rastra Bank (NRB) has tightened the loan-to-value (LTV) ratio for vehicle financing by hire purchase companies. As per the revised policy, introduced through the fifth amendment to the Policy and Procedural Framework for Licensing Hire-Purchase Credit Companies, 2013,…

KATHMANDU: The fifth edition of Mero Auto Motor Rally is kicking off on Friday. The two-day event will take participants on a joy ride from Kathmandu to Sunkoshi Beach Resort in Sukute, Sindhupalchowk. The rally is a blend of adventure…

KATHMANDU: The internal rift within the Nepal Automobile Dealers Association (NADA) has taken a fresh turn with the emergence of a rival industry body—the Nepal Automobiles Importers and Manufacturers Association (NAIMA). In a retaliatory move, NADA has demoted its Senior Vice…