HighlightsCimex BYD Charity Foundation officially launched in Nepal.Cimex Inc. committed an initial Rs 1 crore to start operations.BYD will contribute Rs 10,000 for every vehicle delivered after the foundation's launch.Foundation will focus on education, healthcare and sustainable development.Hari Bansha Acharya backed the initiative during the...
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HighlightsNepal government has formed a committee to investigate 779 electric vehicles seized on suspicion of tax evasion.The move follows a directive from the Office of the Prime Minister and Council of Ministers.The committee includes representatives from the Ministry of Finance, Department of Customs, Nepal Police,...
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HighlightsCimex Inc. has issued a clarification regarding an ongoing EV import controversy.The company says public discussion around vehicle imports has created confusion.BYD's Nepali distributor moved to explain its position and import practices.The issue has drawn attention across Nepal's rapidly expanding EV sector.Questions around import procedures,...
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HighlightsBagmati Province has resumed registration of new public vehicles.The decision reverses a suspension that had been in place since May 21.Registration will continue under the previous system for now.Transport entrepreneurs had raised concerns over financial losses.The earlier halt followed a directive from the Department of...
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HighlightsNepal Government plans another amendment to its recently announced EV taxation framework.Finance Minister Dr. Swarnim Wagle says the Road Development Fee on EVs below Rs 5 million will be corrected.RDF expected to fall from 5% to 2.5% for vehicles priced under Rs 5 million.The change...
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HighlightsNepal has replaced its motor-capacity-based EV taxation system with a new CIF value-based structure.Customs duty is now fixed at 20% across all electric vehicles.Excise duty, previously ranging from 5% to 50%, has been completely scrapped.A new Clean Infrastructure Fee ranging from 2.5% to 112.5% has...
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HighlightsIndia has reduced export duties on petrol, diesel and aviation turbine fuel (ATF).The revised rates take effect from June 1.Petrol export duty falls to ₹1.5 per litre.Diesel export duty drops to ₹13.5 per litre.ATF export duty has been reduced to ₹9.5 per litre.Domestic excise duty...
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HighlightsNepal government now requires ride-sharing two-wheelers to carry black number platesRed plate motorcycles and scooters can no longer legally operate ride-sharing servicesAnnual income tax fixed at NPR 3,000 for registered ride-sharing two-wheelers5 percent tax introduced on every ride-sharing transactionRule comes through the government's new economic...
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HighlightsNepal will now calculate EV taxes based on vehicle value instead of motor powerThe policy was announced in the Fiscal Year 2026/27 national budgetFinance Minister Dr. Swarnim Wagle says the old system distorted the marketA new Green Tax replaces multiple existing customs-related chargesThe government also...
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HighlightsNepal has increased road construction and maintenance taxation linked to EV ownershipEntry-level EV buyers are expected to feel the biggest impactCustoms duty on smaller EVs already sits at 15%EV financing rules were tightened earlier through lower LTV limitsIndustry groups fear policy instability could slow market...
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HighlightsPathao Nepal launches helicopter booking service called Pathao HeliService developed in collaboration with Simrik AirlinesBookings available through the Pathao app and PathaoHeli.comFlights target tourism and pilgrimage destinations across NepalMuktinath, Gosainkunda, Everest Base Camp and Annapurna Base Camp includedEach helicopter accommodates 4 to 5 passengersPathao says...
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HighlightsNepal is considering a simplified EV tax structure ahead of the 2026/27 budgetProposal could merge the current 51 kW to 200 kW categories into one tax slabCurrent system charges different customs and excise duties across motor power bracketsFinance Minister is expected to unveil the budget...
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HighlightsElectric two-wheeler imports rose 32 percent in Nepal during 20256,852 units imported in 2025, up from 5,172 units in 2024Yadea became Nepal’s top electric scooter importer with 1,030 unitsTVS iQube imports doubled to 881 units through Jagadamba MotorsAther imported 837 units, including the 450 series...
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HighlightsCG Motors has reopened the Aion and XPeng Experience Center in ThapathaliAion Y, Aion V Luxury and XPeng G6 are currently on displayAion Y delivers 225 Nm torque from a 100 kW motorAion V Luxury claims a 650 km range from a 75.3 kWh batteryXPeng...
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HighlightsDepartment of Transport Management suspended registration of all new public vehiclesThe restriction includes electric public transport vehiclesOrder issued to all seven provinces and local governmentsAuthorities cited air pollution, congestion and traffic pressureDecision made under Section 24 (3) of the Vehicle and Transport Management ActRegistration freeze...
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HighlightsRoad and Vehicle Targeted Monsoon Disaster Mitigation Campaign-2083 officially launched from Gongabu’s New BusparkKathmandu Valley Traffic Police Office is leading the campaign with transport entrepreneurs and labor organizationsAdditional Inspector General of Police Ishwar Karki says weather forecast compliance can reduce road accidents during monsoonBaggage tags...
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HighlightsXiaomi YU7 launched in China as the brand’s first SUVBase model priced at 253,500 yuan, below Tesla Model YThree trims introduced, YU7 Standard, Pro and MaxTop claimed CLTC driving range reaches 835 kmXiaomi recorded 200,000 orders in three minutesLei Jun openly positioned YU7 against Tesla’s...
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HighlightsNAIMA Nepal Mobility Expo 2025 will take place from August 6 to 10 at Bhrikuti MandapOrganizer opened stall booking from May 5 to May 12, 2025Event management and coordination handled by Media Space Solutions Pvt. Ltd.More than 50 automotive brands are expected to participateSeparate halls...
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HighlightsNepal Oil Corporation has called for applications related to ethanol blending in fuel suppliesThe move signals a fresh push toward alternative and cleaner fuel integration in NepalEthanol-mixed petrol could gradually enter the domestic fuel ecosystem if approvals move aheadThe development arrives as regional markets continue...
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HighlightsNagdhunga-Sisnekhola Tunnel operation staffing process has officially started150 personnel proposed for round-the-clock tunnel management10 joint venture companies initially applied through global tender7 companies passed technical evaluation stageMain tunnel length stands at 2.7 kilometresEmergency tunnel stretches 2.6 kilometresSecurity unit will deploy 64 staff, largest workforce inside...
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HighlightsHonda ZR-V e:HEV teased ahead of May 22 debutExpected to arrive as a CBU importHybrid setup likely uses a 2.0-litre e:HEV powertrainPositioned above the Honda Elevate in the lineupTeaser confirms L-shaped LED DRLs and roof railsWill rival Skoda Kodiaq and Volkswagen Tiguan R-LineHonda expected to...
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HighlightsNepal Oil Corporation has issued an 11-point directive to official petroleum sellers across the country.Fuel stations have been given a seven-day deadline to comply with the new operational and safety requirements.The corporation has warned dealers of action under the Petroleum Seller Regulation 2075, including amendments.Key...
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HighlightsMaruti Suzuki has been spotted testing a new electric MPV internally linked to the YMC codenameThe upcoming EV appears to borrow several design cues from the e VitaraSpy images reveal a large MPV body style with a familiar Maruti silhouette18-inch alloy wheels and EV-specific styling...
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Highlights2026 Bao 5 Flash Charging Edition launched at 305,800 yuan2026 Bao 8 Flash Charging Edition launched at 419,800 yuanBoth SUVs receive second-generation Blade Battery technologyDiSus-P Ultra intelligent hydraulic body control debuts on these modelsBao 5 delivers up to 1,310 km combined CLTC rangeBao 8 claims...
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HighlightsChandika Prasad Bhatta resigned as Executive Director of Nepal Oil CorporationResignation submitted to the Ministry of Industry, Commerce and Supplies on WednesdayThe government is moving to revoke earlier political appointments through a new ordinanceBhatta was appointed by the Cabinet on February 18, 2024He had previously...
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