KATHMANDU: The government has announced plans to provide subsidies or concessional loans for the purchase of public electric vehicles. The provision is included in the newly approved National Transport Policy 2083. According to the policy released by the Ministry of…

KATHMANDU: Nepal Rastra Bank (NRB) has increased the maximum loan-to-value (LTV) ratio for large electric passenger vehicles used in public transport to 80%, making it easier for operators to purchase electric buses. The provision has been introduced through NRB’s directives…

KATHMANDU: The Department of Transport Management has instructed public electric vehicles not to charge the recently increased fares. Issuing a public notice, the department clarified that the automatic fare adjustment system applies only to diesel-powered vehicles. It does not apply…

KATHMANDU: The government has prioritized electric vehicles (EVs) through tax incentives, but the benefits have mainly gone to private vehicles, according to Rajiv Pokharel, Director General of the Department of Transport Management. Speaking at a discussion program on Sunday marking…