KATHMANDU: The number of motor insurance policies has increased in the current fiscal year 2025/26, according to data released by the Nepal Insurance Authority. During the first six months of the fiscal year, from mid-July to mid-January, motor insurance policy…

KATHMANDU: Chinese EV maker BYD is exploring local assembly options in India to support rising demand and overcome import limits. According to Bloomberg, the company is considering semi-knocked-down (SKD) or similar assembly models. These plans are still at an early…

KATHMANDU: Nepal Traffic Police have intensified enforcement against road rule violations, leading to a sharp rise in fine collections over the past month. According to data released by Nepal Police, revenue generated from traffic penalties in Poush (mid Dec-Jan) increased…

KATHMANDU: Royal Enfield recorded its highest-ever annual sales in 2025. The company sold 1,071,809 motorcycles during the year. Sales increased by 25 percent year-on-year. In 2024, Royal Enfield sold 857,378 units. The company crossed the 800,000 unit mark for the…

KATHMANDU: Chery Automobile has officially launched its first all-electric pickup truck, the Hilma EV, also known as the Rely R08. The model was unveiled in China on January 27, 2026. The Hilma EV is offered in six variants. Prices range…