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Government Lifts Import Ban
Will This Lease a New Life to the Automobile Sector?

The government has lifted the ban on the import of vehicles starting from Poush after suffering an estimated revenue loss of Rs 25 billion, but this announcement has failed to end the dissatisfaction of automobile dealers who see business not getting back on track due to tighter monetary and arrangement of the central bank. the …

Government Lifts Import Ban
Will This Lease a New Life to the Automobile Sector?
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“The first job taught me to execute work in a team, handle stressful situations and deal with customers in effective ways”

Careerwise, the past two decades have been very rewarding for Rupesh Sharma Bhatta, Vice President of VG Impex Pvt. Ltd, the authorized distributor of Great Wall Motors in Nepal. Starting as a Service Engineer in Beesants Trading Company in 2001, he went on to become a top professional in the Nepali automobile sector working at …

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“The EV segment has helped to keep our business running”

The domestic automobile sector is currently grappling with double challenges – import restrictions on vehicles and a prolonged liquidity crunch. It has already been seven months since the import ban on passenger four-wheelers (cars, SUVs and vans) and motorcycles above 150cc engine capacity has been imposed. Dashing the hopes of automobile dealers, the government on …

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Policy flip-flop puts brake on speeding EV market

While there is still strong demand for electronic vehicles (EVs), the government policy fluctuations not only raise questions about the country’s commitment to an environment-friendly transport system but also EV business.  the HRM The good news: Electric Vehicles (EVs) imports jumped a whopping 709 percent in FY 2021/22. The bad news: Except for EVs up …

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