KATHMANDU: As the number of electric vehicles (EVs) continues to rise, the Nepal Insurance Authority (NIA) is developing a separate insurance policy tailored for electric vehicles (EVs). The new policy will consider factors such as the cost of spare parts,…

KATHMANDU:  inDrive, a global mobility platform, has introduced a new way of ride-hailing in Nepal by pioneering the ‘Set your Fare and Choose your Driver’ model. Unlike other services that use AI to set prices, inDrive lets passengers decide the…

KATHMANDU: The new generation model of the Hyundai Palisade is set to enter the market. Even before its official launch, the updated Palisade has gained global attention. It will feature a 2.5-liter turbo hybrid engine. Korean automaker Hyundai unveiled the…

KATHMANDU: Even though auto loan interest rates are low, people still need to make a large down payment to buy electric cars. Recently, NRB reduced the loan-to-value ratio for EVs from 80 percent to 60 percent. However, Jagdamba Motors, the…

KATHMANDU: Electric vehicles (EVs) are gaining widespread adoption as the world accelerates its shift toward green energy. Nepal is also experiencing rapid EV adoption with penetration reaching an estimated 65–70%. Beyond their environmental advantages, EVs are proving to be more…