KATHMANDU : Hyundai has unveiled the Neira Concept, a new seven-seat electric MPV, at the Gaikindo Indonesia International Auto Show (GIIAS) 2026. The company has confirmed that the model will enter local production in Indonesia by the end of this…

KATHMANDU: Continental Trading, the authorized distributor of Kia in Nepal, is preparing to launch the Kia Syros EV in the domestic market ahead of the Dashain and Tihar festive season. The company plans to introduce the 42 kWh Standard Range…

KATHMANDU : India’s passenger vehicle (cars, SUVs and vans) dispatches are estimated to have exceeded 466,000 units in July 2026, up around 33% from 350,000 units in the same month last year. According to Maruti Suzuki India, the strong performance…

KATHMANDU: The government has announced plans to provide subsidies or concessional loans for the purchase of public electric vehicles. The provision is included in the newly approved National Transport Policy 2083. According to the policy released by the Ministry of…

KATHMANDU: NMB Bank has introduced a loan facility for the purchase of reconditioned electric vehicles, becoming one of the first banks in Nepal to finance used EVs. Until now, banks and financial institutions in Nepal have largely provided loans only…