News

Chinese EV startups falter under market pressure, subsidy cuts

KATHMANDU: China’s electric vehicle (EV) market has grown rapidly over the past decade, with hundreds of brands launching new models. However, few of them have survived the ride. In 2018, China boasted more than 500 EV startups. Today, only about…
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Chinese businessman brings Porsche 718 Boxster to tour Nepal

KATHMANDU: A Chinese businessman has arrived in Nepal to explore the country, driving a luxurious Porsche 718 Boxster. He drove the high-performance German sports car all the way to Rasuwagadhi along Nepal-China border. He then loaded the car into a…
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Battery swapping or charging stations: which is better for Nepal?

KATHMANDU: Electric vehicle (EV) adoption is rapidly increasing in Nepal. EVs now account for around 70% of new car sales, surpassing internal combustion engine vehicles. This shift has been driven primarily by government tax exemptions. Other contributing factors include growing…
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Can Indian EVs compete with China’s tech and scale?

KATHMANDU: With Chinese electric vehicles rapidly gaining dominance in Nepal, representatives from the Automobile Association of India visited Nepal during the NADA Auto Show 2024. Their visit was not just limited to the Auto Show; they held important discussions with…