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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

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

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Axial Vector and Kirloskar Oil Engines Forming JV for Mass Production of Axial-Type Engines

Green Car Congress

Axial Vector Energy Corporation (AVEC) and Kirloskar Oil Engines (KOEL) have signed a binding memorandum of understanding (MOU) for a joint venture for the mass production of the Axial Vector axial-type, multi-fuel engines ( earlier post ). KOEL manufactures more than 200,000 diesel engines per year. Click to enlarge.

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