Chaudhary Group Ventures Into EV Segment; Establishes CG Motors

Chaudhary Group, the multinational Nepalese business conglomerate, with a widespread presence among FMCG, hotels and resorts, realty, financial services, cement, energy and infrastructure, electronics, and education, etc, has now announced its entry into the growing Nepalese electric vehicle segment.In a recently posted tweet, Mr. Nirvana Chaudhary, Managing Director - Chaudhary Group, announced the establishment of CG Motors with the tagline 'Join The Revolution'Although the tweet does not reveal any information about this upcoming EV brand, it is believed that CG Motors will introduce Neta (Nezha), the EV brand owned by Hozon Auto. Hozon Auto is a Chinese all-electric car marque manufactured by the Zhejiang Hezhong New Energy Automobile Company.

Join the revolution! #CGElectricVehicles 🇳🇵 pic.twitter.com/fR79RA5eSW

— Nirvana Chaudhary (@BeingNirvana) April 20, 2022

Models shown in the photos are used for representative purposes only.