KATHMANDU: Nepal has become one of the world’s leading markets for electric vehicle adoption, with EVs now accounting for around 70 percent of new car sales. While major automobile markets such as the United States, India, and Brazil are still…

KATAHMANDU: seven provinces have announced various tax and penalty waiver schemes for vehicle owners through their budgets for the fiscal year 2026/27 The provinces have targeted vehicle owners who have not paid vehicle tax for a long period, failed to…

TANJUNG MALIM (Malaysia): Nepal has become one of the countries with high electric vehicle adoption, with EVs accounting for more than 70 percent of new car sales. More than three dozen EV brands are currently available in Nepal, with Chinese…

KATHMANDU: The government’s decision to impose tax on the CIF (Cost, Insurance and Freight) value of electric vehicles from the fiscal year 2026/27 budget has increased the prices of premium electric vehicles. Luxury EV models from brands like BMW, Tesla,…

KATHMANDU: All seven provinces of Nepal have introduced their annual budgets for the fiscal year 2026/27. The provincial budgets include plans for transportation management, road safety, vehicle services, and electric mobility. The provinces have announced programs to simplify driving license…