News

Fuel vehicles cleared for EV conversion for the next three years

KATHMANDU: The government has cleared the way for converting old engine vehicles into electric vehicles for the next three years. The Cabinet meeting held on November 18 approved a temporary exemption that lifts restrictions in the Vehicle and Transport Management…
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Nio rolls out Firefly RHD models, first units headed to Singapore

KATHMANDU: Nio has begun production of right-hand drive models under its Firefly sub-brand, marking a key step in its push into global markets. The first batch is headed to Singapore, with more RHD countries to follow. Firefly has moved quickly…
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Chinese EV brands gain ground in India as competition intensifies

KATHMANDU: Chinese electric vehicle makers are strengthening their presence in India’s fast-growing EV market, increasing competitive pressure on local manufacturers. Brands backed by Chinese companies, including BYD, MG, and Volvo, now account for nearly one-third of India’s electric passenger vehicle…
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EV boom in Nepal: government spots 14 big opportunities for growth

KATHMANDU: The government’s incentive policy is increasing the use of electric vehicles in Nepal each year. EV adoption is being promoted through tax exemptions on EV purchases, investments in charging infrastructure, and incentives for the private sector. The government has…