KATHMANDU: Several major automakers are reassessing their electric vehicle (EV) strategies after spending nearly $70 billion on electrification programs that are now being scaled back. Changing policy conditions in the United States and slower-than-expected EV demand have forced companies to…

KATHMANDU: Jaecoo has officially introduced its updated electric SUV, the J6T, in the Nepali market. The model was unveiled during a special event by SPG Automobiles, the authorized distributor of Omoda & Jaecoo vehicles in Nepal. Previously sold under the…

KATHMANDU: The cost of owning a car in the United States has risen sharply in recent years, putting increasing pressure on household finances in a country where most people rely on personal vehicles for daily transportation. Industry data shows the…

KATHMANDU: Nepal imported more than 10,000 units of cars, jeeps, and vans in the first eight months of the current fiscal year 2025/26 (mid-July to mid-March), according to data released by the Department of Customs Nepal. As of mid-March, total…

KATHMANDU: The list of electric vehicle (EV) brands slowing down in Nepal despite being officially available for sale continues to grow. While several brands entered the market with strong expectations over the past two years, many have struggled to sustain…