KATHMANDU: Rising geopolitical tensions in the Middle East involving Iran, the United States and Israel have once again highlighted Nepal’s vulnerability to global oil supply disruptions. With fears growing over possible restrictions in the Strait of Hormuz, international oil prices…

KATHMANDU: Mahindra has confirmed plans to introduce a new born-electric SUV in 2027, currently codenamed B07. The upcoming model will be the production version of the BE.07 concept that was first showcased in 2022. However, the company has indicated that…

KATHMANDU: Maruti Suzuki is set to boost its electric vehicle production with a dedicated EV assembly line at its Gujarat plant. The new line, aimed at increasing capacity for both domestic sales and exports, is expected to be operational by…

KATHMANDU: Nepal imported close to 6,000 electric cars in the first seven months (mid-July to mid-February) of the current fiscal year 2025/26 (FY 2082/83). According to data released by the Department of Customs on Friday, a total of 5,896 units…

KATHMANDU: With the House of Representatives election scheduled for March 5, major political parties have unveiled their manifestos, placing electric vehicles (EVs) at the center of their economic and energy strategies. Most parties have prioritized green economy goals and energy…