Nepal's Automobile Market Sees Mixed Trends in First Month of FY 2083-84
Summary
Nepal’s automobile imports rose in the first month of FY 2083-84, led by a sharp increase in electric cars and record electric scooter imports. Two-wheeler imports fell slightly overall, while car imports climbed ahead of the NADA Auto Show and NIMA Mobility Expo.
Key Points
- Nepal imported 987 cars, jeeps and vans in साउन, up about 24 percent from the same month last year.
- Electric cars dominated four-wheeler imports with 689 units, while electric two-wheelers hit a monthly record of 5,174 units.
- Two-wheeler imports fell 7.52 percent year-on-year to 27,806 units, even as EV penetration continued to rise.
- The Department of Customs said the import surge in cars was boosted by new EV brands and models ahead of the NADA Auto Show and NIMA Mobility Expo.