KATHMANDU: Laxmi Intercontinental Pvt Ltd, the authorized distributor of Hyundai vehicles in Nepal, has launched a special pre-budget discount scheme on its electric vehicles (EVs). Issuing a statement, the company said the new scheme is aimed at making EV ownership…

KATHMANDU: The Bagmati Province Government has introduced new standards for electric vehicles (EVs) used in tourist transportation. The Ministry of Culture and Tourism enforced the Standards for Quality, Operation, and Management of Tourist Transport (Electric Vehicles), 2025 on Friday. Under…

KATHMANDU: Nepal’s automobile market will see the launch of six electric SUVs in the near future. Four of these models are from China, while two are from India. Both automobile dealers and consumers are showing keen interest in these models,…

KATHMANDU: Taiwanese technology company Foxconn, better known as the iPhone assembler, has entered into an agreement with Mitsubishi Motors of Japan to develop and supply electric vehicles (EVs). Under the OEM agreement, Foxtron Vehicle Technologies, a joint venture between Foxconn…

KATHMANDU: Nepal’s electric vehicle (EV) market has witnessed massive changes in customs and excise duties between 2014 and 2025, reflecting the government’s evolving strategy to promote sustainable transportation. In the fiscal year 2014/2015, customs duties on EVs were set at…