KATHMANDU: Petrol-powered passenger cars are continuing to lose ground in Nepal as electric vehicles rapidly expand their share of the market. A total of 14,773 four-wheelers were imported into Nepal in the fiscal year 2025/26 (FY 2082/83). Most of these…

KATHMANDU: Nepal’s vehicle financing market has recorded its strongest growth in eight years as lower interest rates encourage more consumers and businesses to purchase vehicles through bank loans. According to the latest data from Nepal Rastra Bank (NRB), banks and…

KATHMANDU: The hatchback segment, once one of the most popular car categories in Nepal, has continued to lose market share since the beginning of 2026. Sales of both electric and petrol-powered small cars have declined in the passenger vehicle market.…

KATHMANDU: As electric vehicles continue to gain popularity in Nepal, several once-dominant car brands are now struggling to maintain their presence in the market. European and Japanese brands have been hit the hardest by the rapid shift towards EVs. Even…

KATHMANDU: Small cars are rapidly losing market share in Nepal despite lower taxes and multiple model options in the market. Nepal’s car market has long remained small, with annual sales averaging around 12,000 to 13,000 units. However, the share of…