KATHMANDU: European automobile Stellantis has announced the launch of its electric vehicle brand Leapmotor in India. The move is aimed at strengthening Stellantis’ footprint in one of the world’s fastest-growing automotive markets. Stellantis currently owns 14 major automobile brands. Among…

KATHMANDU: Customs duties on electric vehicles (EVs) in Nepal are calculated based on motor power-just like engine displacement (cc) for petrol and diesel vehicles. To keep prices low, EV importers often opt for smaller motors, typically around 99 kW, to…