News

China’s “Presidential” car brand BAIC rolls into Nepal

KATHMANDU: BAIC, the Chinese automobile brand known for producing the official vehicles used by Chinese President Xi Jinping, has officially entered the Nepali market through Laxmi Group. The arrival of BAIC marks another major addition to Nepal’s growing automotive market…
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Laxmi Group to launch three new Chinese premium auto brands in Nepal

KATHMANDU: Laxmi Group is accelerating its expansion in Nepal’s automobile sector with the introduction of three new premium Chinese brands; BAIC, ARCFOX, and JETOUR. The launches are expected to take place at the NAIMA Nepal Mobility Expo 2026, further strengthening…
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BAIC SUVs with Jeep and Mercedes-Benz legacy set to enter Nepal

KATHMANDU: Chinese automakers have long partnered with leading American and European brands to strengthen their global presence. As China’s auto market expanded, many international companies entered through joint ventures with local firms. Beijing Automotive Industry Holding Co., Ltd. (BAIC) is…
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China grants first L3 self-driving permits

KATHMANDU: China has issued its first conditional Level 3 (L3) autonomous driving permits. The Ministry of Industry and Information Technology announced the approval on December 15. This marks a key step from testing to early commercial use of L3 self-driving…
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Hyundai’s Elexio SUV to use BYD’s LFP battery

KATHMANDU: Beijing Hyundai, the joint venture between Chinese automaker BAIC Motor and South Korea’s Hyundai Motor Company, is set to launch the new Hyundai Elexio electric vehicle (EV) in the Chinese market, equipped with an LFP blade battery developed by…