Laxmi Motor Corporation Begins Production of Hyundai Venue E in Nepal

Laxmi Motor Corporation, the manufacturer of Hyundai vehicles in Nepal, has begun production of the Venue E variant, following the start of Venue S and SX production in May 2024.

The company, a subsidiary of Laxmi Intercontinental, the official Hyundai dealer in Nepal, launched the "HYUNDAI NEPAL: MADE FOR YOUR JOURNEY" campaign and has sold around 250 vehicles. The Hyundai Venue E is priced at NPR 40,96,000 for a limited time, with no additional Dasain Tihar discounts.

Other variants, Venue S and SX are priced at NPR 44,96,000 and NPR 53,56,000, respectively. The company offers 10 years of free servicing and a 3-year warranty on Made-in-Nepal Hyundai Venue vehicles.

Laxmi Motor Corporation aims to industrialize Nepal by producing locally, promoting import substitution, job creation, and technology development, while planning to increase production of more variants and models.