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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 trillion NPR ($14 billion) for the energy sector in Nepal. The government has set the growth of 6.5
Hyundai Motor India – the fully-owned entity of Korea’s Hyundai Motor Company – has commenced vehicle assembly operations in India’s neighbouring country Nepal, with a new 5,000-unit annual capacity plant set up in partnership with Nepal’s Laxmi Group.
On the dealer front, Pure now has 84 operational outlets, including one in Nepal. Dealer increase and supply chain strengthening have to both happen simultaneously. There should be no conflict of interest for a dealer. Pure is worried about its dealer Return on Investment. One in Bangladesh being added soon.
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