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Election-focused vehicle permit rules issued, 7 key provisions outlined

KATHMANDU: The Election Commission has issued the “Vehicle Permit Procedure, 2082” targeting the House of Representatives election scheduled for March 5. The procedure was approved on February 3 and aims to regulate vehicle use during election campaigning and on polling…
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Ford explores partnership with Geely to compete in EV market     

KATHMANDU: Ford is in discussions with China’s Geely over a potential partnership as global automakers look to share rising technology and manufacturing costs, according to multiple sources cited by Reuters. The talks are ongoing and no agreement has been finalized.…
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Nepal’s first V-Twin adventure motorcycle to debut in 250cc class

KATHMANDU: Evoke Nepal has brought a new 250cc adventure motorcycle to the Nepali market, introducing the country’s first V-twin engine motorcycle in the 250cc segment. The model comes from South Korean brand Hyosung. The motorcycle has arrived in Nepal but…
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Nissan tests solar panels on Ariya EV

KATHMANDU: Nissan has tested solar panels on a prototype version of its Ariya electric SUV to see how much extra driving range they can provide. While the gains are modest, the company says the technology could reduce charging needs over…
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Record-low auto loan rates boost car buying prospects in Nepal

KATHMANDU: Buying a car through bank financing has become significantly cheaper as Nepal’s banking system records its lowest loan interest rates on record. According to data tracked since mid-February 2012, when Nepal Rastra Bank began publishing monthly average lending rates,…