KATHMANDU: The import of hybrid vehicles more than doubled in fiscal year 2024/25. According to the Department of Customs, Nepal imported 85 units of hybrid vehicles worth Rs 366.8 million during the fiscal year. This marks a 133.33% increase compared…

KATHMANDU: Automobile companies are readying new models as hybrid momentum builds in India in line with the global trend. Over 10 new hybrid models are expected to enter the Indian market in the coming days. Leading automobile companies like Mahindra,…

KATHMANDU: Japanese automaker Honda has announced a strategic shift in its electrification plans by reducing its investment in electric vehicles (EVs) and placing greater emphasis on hybrid technology. The move comes amid a global slowdown in EV demand. Honda—the second-largest…

KATHMANDU: Toyota is expected to unveil the all-new RAV4 later this year, with global sales expected to begin as a 2026 model. While the company has labeled it ‘all-new’, the upcoming RAV4 will be an upgraded version of the existing…

KATHMANDU: Hybrid vehicles are playing an important role in the transition from fossil fuels to cleaner energy sources as the global automobile market races toward sustainability. While Nepal has made notable progress in promoting electric vehicles (EVs) through tax incentives,…