News

Proton eMAS-7 electric SUV available at lowest interest rate

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…
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EVs less likely to break down than ICE vehicles: Study

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…
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BMW pulls plug on G-310 series bikes in Nepal 

KATHMANDU: Torque Motors, the official distributor of BMW motorcycles in Nepal, has discontinued sales of the popular G-310 series in the Nepali market. The series, which includes the G-310 R and G-310 GS models, had been available in Nepal since…