Imports of electric vehicles surge as Nepal’s auto market shifts towards the environment

Kathmandu, January 25

According to data recorded by the Customs Department, Nepal’s auto market is turning green as the country’s electric vehicle imports have increased over the past six months.

The department says the country imported 1,103 light electric four-wheelers in the first six months of the current fiscal year (mid-July 2021-mid-January 2022). In the last fiscal year 2020/21, Nepal imported 261 electric light four-wheelers over the 12 months.

The NADA Automobiles Association of Nepal, an organization of car dealerships in Nepal, says the government’s decision to cut tax rates on electric vehicles is impacting imports.

The association’s chairman, Dhruba Thapa, said banking facilities, steadily rising fuel prices, increased environmental awareness and the global trend have also contributed to the increase in imports.

He informs that Nepalese customers have expressed their willingness to wait several months to get their electric cars because dealers have not been able to meet demand instantly.

For example, Sipradi Trading, the authorized dealer of Tata Motors in Nepal, claims to have received 600 reservations for Tata Nexon EV, but only around 250 units have been supplied so far.

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