EVs Under Rs 50 Lakh Set to Become Cheaper: Finance Minister Wagle
The positive pricing outlook stems directly from a correction regarding the road development fee, alongside a complete pivot to a value-based tax calculation system. While initial interpretations of the new budget sparked fears of across-the-board price hikes, the finalized framework aims to protect mass-market buyers while targeting premium luxury models. Table of Contents The Road…
Omoda E5 Pro Launched in Nepal at Introductory Price of Rs 49.99 Lakh
The new Omoda E5 Pro brings a host of fresh updates focused heavily on intelligent technology, interior comfort, and advanced road safety. While it successfully retains the iconic, futuristic design language of the standard E5 series, the Pro model upgrades the overall premium experience. Specifically, to celebrate the rollout, SPG Automobiles has introduced an aggressive,…
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…
