Nepal Overhauls EV Tax Code: Shifting from Motor Power to Import Price
Under the revised national fiscal framework, the total value of the vehicle determines its applicable tax bracket. Specifically, the state calculates duties based on the declared Cost, Insurance, and Freight (CIF) value at the border. This policy shift entirely decouples EV taxation from peak motor performance. Table of Contents The Elimination of Excise Duties To…
Nepal Introduces Clean Infrastructure Fee on EV Imports for Charging and Battery Recycling
This structural shift fully replaces the old excise duties previously imposed on electric vehicles. Under the new finance bill, the government is completely decoupling EV taxation from peak motor power (kilowatts). Instead, the state has implemented a transparent, price-driven mechanism determined entirely by the vehicle’s customs-declared Cost, Insurance, and Freight (CIF) monetary value. Because the…
Ferrari Unveils All-Electric Luce with Radical New Styling
Pronounced “loo-chey” (the Italian word for light), the Luce completely redefines traditional automotive design. Specifically, Ferrari collaborated for five years with the premium independent studio LoveFrom, led by former legendary Apple product-design bosses Sir Jony Ive and Marc Newson. However, this radical aesthetic approach has instantly divided opinion. Because the vehicle abandons the aggressive, sharp…
2026 Deepal S05 Plus Introduced in Nepal at Rs 53.99 Lakh
The Deepal S05 model series initially debuted locally with a highly aggressive introductory pricing strategy. However, this latest price adjustment solidifies its standard retail presence in Nepal’s competitive mid-size electric vehicle segment. Built on Changan’s advanced, dedicated EPA1 electric architecture, the compact SUV has already secured global recognition. Specifically, it won the prestigious European iF…
CG Motors Formally Launches Flagship AION EV Showroom in Thapathali
The grand opening marks a major milestone for the brand’s presence in Nepal’s rapidly expanding electric vehicle market. Specifically, Mr. Nirvana Chaudhary, Managing Director of CG Corp Global, formally inaugurated the facility. He was joined by Mr. Raymon Wong and other high-level representatives from GAC International and GAC AION. This state-of-the-art hub replaces the previous…
