News

Chinese EV startups falter under market pressure, subsidy cuts

KATHMANDU: China’s electric vehicle (EV) market has grown rapidly over the past decade, with hundreds of brands launching new models. However, few of them have survived the ride. In 2018, China boasted more than 500 EV startups. Today, only about…
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Govt enforcing strict criteria for EV imports

KATHMANDU: The government is drafting guidelines on electric vehicle (EV) imports to ensure the import of quality vehicles and smooth availability of after-sales service. The demand for EVs has grown rapidly in recent years. Many two-wheeler and four-wheeler EV brands…
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Tax hike rumors add to uncertainty in EV market

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…
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Govt decides to enforce Euro 6 emission standards

KATHMANDU: The government has decided to implement the Euro 6 emission standards for internal combustion engine vehicles in the upcoming fiscal year. President Ram Chandra Paudel made the announcement, presenting the government’s policies and programs for the fiscal year 2025/26…