News

Honda reduces EV investment to focus on hybrids

KATHMANDU: Japanese automaker Honda has announced a strategic shift in its electrification plans by reducing its investment in electric vehicles (EVs) and placing greater emphasis on hybrid technology. The move comes amid a global slowdown in EV demand. Honda—the second-largest…
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2025 Hyundai Venue spotted with new design updates

 KATHMANDU: The next-generation Hyundai Venue has been spotted testing in India, offering a first look at the upcoming facelift inspired by Hyundai’s premium SUVs. The new venue is expected to launch in India in October. Spy images have revealed major…
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MG S5 EV earns 5-star Euro NCAP safety rating

KATHMANDU: The MG S5 EV has received a 5-star safety rating from Euro NCAP, putting to rest months of speculation and concern over its safety performance. Since no recognized agency had assessed the vehicle until now, there were speculations about…
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Budget and EV tax hike rumors spread like wildfire

KATHMANDU: The terms ‘budget’ and ‘electric vehicles (EVs) tax’ have become nearly synonymous in Nepal. This is because each time the budget cycle approaches, whether during its preparation or review, rumors of EV tax hike spreads like wildfire. In fiscal…
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Hyundai Creta sales rebound; petrol variant slightly ahead

KATHMANDU: Hyundai Creta sales in Nepal have seen a noticeable rise since the start of 2025. Laxmi Intercontinental Pvt Ltd, the official distributor for Hyundai, kicked off the New Year with a strong promotional push for the Creta EV. Already…