Is Chaudhary Group entering the EV segment with CG Motors?

Is Chaudhary Group entering the EV segment with CG Motors?

1 min read
Is Chaudhary Group entering the EV segment with CG Motors?

Chaudhary Group, one of the top business houses in the country well known for its presence in a range of business sectors including Hotels, Financial Services, FMCG, electronics, education, and more, is likely to make an entry into the Nepalese auto market as well. 

In a recent tweet from Mr. Nirvana Chaudhary, MD of CG Group on his official Twitter handle, he announced the establishment of CG Motors with the tagline “Join the Revolution”

The tweet itself doesn’t confirm the launch of the upcoming EV brand in Nepal. However, as per reports, the brand is likely to introduce Neta (Nezha) EV in Nepal. This EV is owned by Hozon Auto China. Hozon Auto is a Chinese all-electric car marque, manufactured by the Zhejiang Hezhong New Energy Automobile Company.

Here’s a snap from Mr. Chaudhary’s official Twitter handle,

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  • CG Group
  • EV Market Nepal