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Hyundai exits Ola Electric, Kia reduces stake

KATHMANDU: Hyundai Motor Company has made a full exit from Ola Electric by selling its entire 2.47% stake in the Indian company. Likewise, fellow South Korean company, Kia, has also offloaded 0.6% of Ola Electric shares, according to recent filings…
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Hyundai making electric hatchback targeting India

KATHMANDU: Hyundai has initiated the production of a low-cost electric vehicle (EV) for the Indian market. According to the company, it has started developing an electric hatchback under the codename ‘HE1i’. The car is slated for launch later this year.…
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Tata tops car imports as four brands battle for second spot

KATHMANDU: Tata Motors has emerged as the top automobile brand in Nepal based on passenger car import data from January 1 to May 15, 2025. During this period, Sipradi Trading, the authorized distributor of Tata vehicles, imported 1,013 units—securing a…
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Hyundai starts testing EV charging robots at Incheon airport

KATHMANDU: Hyundai Motor has officially launched pilot testing of its new AI-powered electric vehicle (EV) charging robot, named the Automatic Charging Robot (ACR), at the Incheon International Airport. The project is a joint collaboration between Hyundai, Kia Motors and Incheon…
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Five features that give Creta Electric an edge over its rivals

KATHMANDU: Launched in late March, Creta Electric is already making a strong road presence on Nepali roads. As per import data till May 15, the electric sibling of Hyundai’s popular Creta SUV has made a promising start despite facing stiff…