Paramount Motors Pvt. Ltd. launched a luxurious electric vehicle MG4 EV on Thursday.
The price of the MG4 EV is set for 4 million 999 thousand rupees.
According to Sachin Aryal, the general manager of the Paramount Motors Pvt. Ltd., the car has a battery with 64 kilowatts and the motor power is 99 kilowatts.
Earlier, the price of EV car was 5 million 899 thousand rupees. It had a motor power of 150 kilowatts.
The MG4 EV has a max 250 Nm Torque engine and supports Fast DC Charger of up to 150 kilowatts.
The top speed of the MG4 EV is 160 km per hour, the company said.
