KATHMANDU: German luxury carmaker Mercedes has revealed images of its latest electric concept racing car, the AMT GT XX. The concept vehicle, part of the AMG GT lineup, features powerful electric motors on both the front and rear axles. The…

KATHMANDU: Chinese automaker BYD has scaled back production at several domestic plants as unsold inventory levels continue to rise, despite recent aggressive discounting efforts. According to Reuters, BYD has canceled night shifts at its plants and deferred plans to install…

KATHMANDU: Residents of Lalitpur Metropolitan City using electric vehicles (EVs) will receive a 5% rebate on their property tax from the next fiscal year. The metropolis announced the incentive through its budget for the fiscal year 2025/26. “Lalitpur residents who…

KATHMANDU: Chinese electric vehicle brand Leapmotor has announced that it has delivered more than 800,000 vehicles since its founding in 2015. As of the end of May 2025, the company had delivered 773,206 units. Although Leapmotor initially struggled with sales,…

KATHMANDU: Two new electric hatchback models priced under Rs 4 million are set to enter the Nepali market, providing budget-conscious consumers with more affordable electric vehicle (EV) options. Chinese EV giant BYD and Malaysian automaker Proton are preparing to introduce…