Chaudhary Group Ventures Into EV Segment; Establishes CG Motors

April 22, 2022

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.