KATHMANDU: As electric vehicles gain popularity in Nepal, price remains the most decisive factor for buyers. Budget planning largely determines whether a customer chooses a hatchback, a compact SUV, or a premium electric model. EVs priced from around Rs 2…

KATHMANDU: The European Union and China are close to resolving their dispute over electric vehicles. The talks aim to reduce trade tension and avoid a wider trade conflict. Under the proposed plan, the EU may replace its new tariffs on…

KATHMANDU: Two-wheeler assembly industries operating in Nepal have failed to add meaningful value even years after starting operations, despite receiving government incentives such as tax exemptions. Most assembly plants have also not complied with the conditions set by the government.…

KATHMANDU: Chinese automakers are rapidly expanding overseas, reducing the long-standing dominance of Toyota and Volkswagen in the global car market. Analysts say the shift now appears structural rather than temporary. According to UBS, the Swiss investment bank, Chinese brands could…

KATHMANDU: Nepal Rastra Bank (NRB) has directed banks and financial institutions to restrict cash transactions above Rs 500,000, effective January 15. The central bank said the limit will be enforced from January 15 for all goods and services. Under the…