Kathmandu : Paramount Motors Pvt. Ltd., the distributor and seller of Wuling cars in Nepal, is overjoyed to announce our official partnership with Nabil Bank to provide superior finance facilities for our valued customers. This marks our first step towards making the Wuling Binguo EV more accessible to Nepali customers, ensuring they can easily enjoy the benefits of electric mobility.

Wuling, founded in 1928 in Liuzhou, Guangxi, China, evolved from repairing army equipment to producing aircraft, farming machines, and tractors. Partnering with Mitsubishi in the 1980s, Wuling entered vehicle production.

In 2002, the SAIC-GM-Wuling joint venture was established, leading to the success of the Wuling Hongguang MPV and the HongGuang MiniEV, the world's best-selling small electric car from 2020 to 2022, with over 1.1 million units sold by early 2023.

Today, Wuling offers a diverse range of electric and fossil fuel SUVs, MPVs, pickups, and commercial vehicles as part of the Guangxi Automobile Group.

With this partnership, customers aspiring to join the Wuling Binguo EV family can now benefit from Nabil Bank's superior financing options, including flexible loan terms of up to 7 years and financing up to 80% of the vehicle's value. Customers can choose between fixed interest rates of 9.99% for 5 years and 10.49% for 7 years, or a fluctuating interest rate based on the Base Rate + Premium model, with a premium of 1-3% and monthly adjustments according to the previous three-month average base rate.

"We are thrilled to partner with Nabil Bank to offer our customers flexible and affordable financing options for the Wuling Binguo EV. This collaboration is a significant milestone in our mission to promote electric mobility in Nepal and make the Wuling Binguo EV accessible to a broader audience”, said the spokesperson of Paramount Motors Pvt. Ltd. 

Wuling Nepal and Nabil Bank are committed to providing exceptional customer service and support, making purchasing an electric vehicle seamless and beneficial. Cheers to this wonderful collaboration!