China's Lifan opens first dealership in Nepal

Shanghai, July 24 (Gasgoo.com) Chinese motorcycle and automotive manufacturer Lifan Group has opened its first authorized dealership in Nepal's capital, Kathmandu.

China's ambassador to Nepal Zheng Xianglin attended the launching ceremony for the store. About 20 Lifan vehicles will be sold locally in the first stage.

Currently Japanese and Indian brand cars capture most of the auto market in Nepal. Chinese automakers including Chery, Geely, Zotye and Great Wall also sell vehicles in the country.

Lifan is expanding aggressively in the Southeast Asia region, where the Chinese carmaker also plans to invest US$50 million in a factory that would be capable of producing 50,000 cars per year.

China's Lifan opens first dealer in Nepal