KATHMANDU: The government’s budget for fiscal year 2026/27 has introduced a new tax structure for electric vehicles. However, the prices of several entry-level EVs are unlikely to increase due to the changes. The government has removed the existing excise duty…

KATHMANDU: The production of low-cost electric cars is declining gradually. Until a few years ago, electric vehicles (EVs) were largely synonymous with compact, city-focused cars. However, that trend is changing with manufacturers now scaling down production of small EVs. When…