KATHMANDU: Competition among business conglomerates has intensified as electric vehicle (EV) sales continue to rise. Most major business houses are now importing multiple EV brands, some handling nearly a dozen, as they race to capture the growing market. Fierce competition…

KATHMANDU: Agni Incorporated Pvt Ltd, the authorized distributor of Mahindra in Nepal, has launched the Mahindra ZEO—a new light commercial electric pickup—in the Nepali market. The pickup will go into sales after the announcement of the budget for the fiscal…

KATHMANDU: Many dealers in Nepal promote electric vehicles as low-maintenance vehicles, claiming that owners only need to service the tires, wiper blades and cabin air filter. It, however, tells only part of the story. Indeed, EVs generally require less maintenance…

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…