Sundar Yatayat, a private company, is doing something that many of us could only care to dream. First, it started the operations to run 7-electric buses in Kathmandu valley, with the intention to add more in the future. Likewise, the company has had its hands full while researching to build more charging stations across the country.
Now, Sundar Yatayat will take things to the next level! According to the new report, the company is undergoing a process to establish an assembly plant in the Rupandehi district. Moreover, the plant will be used to manufacture electric two-wheelers and four-wheelers, made especially for the Nepali people.
According to Bhesh Bahadur Thapa, chairman of Sundar Yatayat,
“We held talks with related authorities like the Ministry of Finance, Ministry of Physical Infrastructure and Transport, Ministry of Energy, Water Resources and Irrigation and the Investment Board Nepal for the approval and they have approved our proposal. So, we will soon establish the assembly plant.”
Interestingly, Sundar Yatayat (20% stake) will build the assembly plant in partnership with a Chinese firm (80% stake). With the vision to inaugurate the plant within the next six months, the company has acquired land in the Butwal Industrial Zone.
What happens if the plant is build?
Then, the company will import parts, required for electric vehicles, from China. After that, they will assemble them in the plant in Nepal. In hinge sight, this process will drastically bring down the price of e-Vehicles in Nepal, which is a total win!
-
Infinix Mobile Price in Nepal (April 2024 Updated)Infinix, founded in 2013, is a Hong Kong-based smartphone maker that focuses on making budget…
-
Infinix Hot 40i with 32MP Front Camera Launched in NepalHIGHLIGHTS Infinix Hot 40i price in Nepal starts at Rs. 14,999 (4/128GB). The device features…
-
Gravity Bassbuds Max with ANC Launched in Nepal at a Discounted PriceHIGHLIGHTS The Gravity Bassbuds Max price in Nepal is Rs. 3,500. The first 100 customers…