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Monthly auto imports hit 1,072 in Nepal

KATHMANDU: Nepal imported a total of 1,072 cars during mid-March–mid- April 2026 (Chaitra). The figure includes both electric vehicles and petrol-powered cars brought into the country within one month. Out of the total imports, 824 units were electric cars, while…
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Renault targets 7 models by 2030 under new India growth plan

  KATHMANDU: Renault Group has announced its new ‘future India’ strategy, with plans to launch seven models in India by 2030. The future lineup will include compact cars, SUVs, strong hybrids and fully electric vehicles. The company said India will…
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Local governments barred from charging tax on goods transport

KATHMANDU: Local governments in Nepal will no longer be allowed to impose taxes, fees or charges on goods being transported through their jurisdictions. The decision was made during the meeting of the Intergovernmental Fiscal Council and its thematic committee held…
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Stellantis, Microsoft signs five-year deal to accelerate AI push

KATHMANDU: Stellantis and Microsoft have signed a five-year strategic partnership focused on artificial intelligence, cybersecurity and engineering, according to Reuters. The agreement comes as global automakers race to match fast-moving technology rivals, especially Chinese brands that are rapidly adding new…