KATHMANDU: A new government report has revealed that electric vehicle (EV) importers in Nepal have been misreporting motor power ratings to evade higher taxes. The 62nd Annual Report of the Auditor General states that some importers have been underreporting the…

KATHMANDU: Toyota is exploring the possibility of acquiring troubled Chinese electric vehicle company Neta, as per media reports. Multiple automobile news portals carried the story on Monday, citing Kuai Technology. Although neither Toyota nor Neta has said anything about the…

Prasanna Pant, who became CEO of MAW Vriddhi following the success of Nammi electric vehicles in the Nepali market, is one of the youngest CEOs in the Nepali automotive industry. At MAW Vriddhi, he is overseeing the Seres and Nammi…

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…

KATHMANDU: The government is drafting guidelines on electric vehicle (EV) imports to ensure the import of quality vehicles and smooth availability of after-sales service. The demand for EVs has grown rapidly in recent years. Many two-wheeler and four-wheeler EV brands…