News

Up to Rs 800,000 discount on Aion’s premium cars

KATHMANDU: Chinese automaker GAC Aion’s premium electric cars are now available with discounts of up to Rs 800,000 in the Nepali market. CG Motors, the authorized distributor of GAC Aion in Nepal, on Monday launched ‘The Extraordinary Offer’ under which…
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Chinese President warns officials against over-investing in AI and EVs

KATHMANDU: Chinese President Xi Jinping has raised concerns over the country’s concentrated push into EVs, AI and computing power. Speaking at a recent urban development meeting in Beijing, Xi questioned whether all provinces should continue investing heavily in these sectors,…
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Two new Chinese EV brands entering Nepal in August

KATHMANDU: Two new Chinese electric vehicle (EV) brands are entering the Nepali market through the upcoming NAIMA Nepal Mobility Expo 2025. IM Motors and Dongfeng Forthing are launching their debut models in the Nepal Mobility Expo that kicks off in…
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Neta Auto’s parent company opens door to new investors

KATHMANDU: The Chinese EV manufacturer and parent company of Neta cars, Hozon New Energy Automobile Co., Ltd., has started looking for new strategic investors as part of its ongoing restructuring plan according to Chinese media. The announcement was made through…