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Legacy automakers slow EV push despite $70 billion spending

KATHMANDU: Several major automakers are reassessing their electric vehicle (EV) strategies after spending nearly $70 billion on electrification programs that are now being scaled back. Changing policy conditions in the United States and slower-than-expected EV demand have forced companies to…
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Half a dozen EV brands losing momentum in Nepal market

KATHMANDU: The list of electric vehicle (EV) brands slowing down in Nepal despite being officially available for sale continues to grow. While several brands entered the market with strong expectations over the past two years, many have struggled to sustain…
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Dealers bet big on exchange camps to drive sales and sweeten discounts

KATHMANDU: Car distributors in Nepal have intensified sales campaigns by introducing multiple schemes, with exchange camps emerging as the most common strategy to attract buyers. Following the elections, automobile companies have been actively pushing offers to boost business activity. Among…
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Tata Motors introduces doorstep EV charging service

KATHMANDU: Tata Motors has introduced an on-demand doorstep EV charging service in partnership with Hopcharge across the Delhi-NCR region in India. Under the new service, Hopcharge will deploy mobile fast-charging vans that can be booked through a dedicated platform. The…