KATHMANDU: The Nepal Automobile Importers and Manufacturers Association (NAIMA) has given a mixed reaction to the government’s budget for the fiscal year 2025/26. In a statement issued on Friday, NAIMA welcomed several positive measures but also highlighted missed opportunities for…

KATHMANDU: The decision to keep electric vehicle (EV) taxes unchanged in the fiscal year 2025/26 budget has elated the Nepali automobile industry. There were concerns in the automobile industry about a possible hike in EV taxes. However, Finance Minister Bishnu…

KATHMANDU: While the government kept tax rates unchanged for most of the electric vehicle (EVs) categories in the fiscal year 2025/26 budget, tax rates for electric double-cabin pickups have been slightly raised. According to the Ministry of Finance, the change…

KATHMANDU: The budget for the upcoming fiscal year 2025/26 has several positive aspects for the automobile sector. Unlike previous years when automobile distributors would often be disappointed with the budget, they appear rather optimistic this year. Finance Minister Bishnu Prasad…

KATHMANDU: Nepal’s automobile market will see the launch of six electric SUVs in the near future. Four of these models are from China, while two are from India. Both automobile dealers and consumers are showing keen interest in these models,…