OFFICIAL STATEMENT: REGARDING TAX REVISION ON ELECTRIC VEHICLE | BUDGET FY 2078/79

May 31, 2021

Cimex Inc. Pvt. Ltd. is really thankful to the Finance Ministry for revising the taxation on Electric Vehicle. This revision shows the government’s effort on electrification of the automotive sector and supporting the growth of electric cars. The news of tax revision on electric vehicle comes as a boon to the promoters of Electric Mobility […]

October 21, 2020

BYD Auto Industry Co.,Ltd (BYD) and Hino Motors, Ltd. (Hino) signed a joint venture agreement today to set up a new company for commercial battery electric vehicles (BEVs) development. This new venture is scheduled to be established within China in 2021, with BYD and Hino each making a 50% capital investment. It will combine the […]

October 5, 2020

BYD has donated 48,000 pieces of BYD Care single use 3-Ply Face Mask in Nepal, which was distributed to Ministry of Health and Population, Ministry of Culture, Tourism and Civil Aviation, Nepal Electricity Authority, Nepal Police and Journalists. The donation was carried out as a part of BYD Care initiative in Nepal to help the […]

March 13, 2020

BYD Face Mask Manufacturing Plant BYD is proud to announce that it has created the world’s largest mass-produced face masks plant. The plant is now running at full capacity and is able to produce 5 million masks and 300,000 bottles of disinfectants per day. This allows the firm to help alleviate severe shortages that have […]