China’s dominance in Nepal EV market leaves India trailing
Summary
Chinese electric vehicle brands dominate Nepal's EV market with advanced technology and strong sales, outpacing Indian competitors amid growing consumer interest and market expansion.
Key Points
- Electric vehicles account for 73 percent of all four-wheeled passenger vehicle imports to Nepal, with Chinese brands leading the market.
- Chinese EV manufacturer BYD is one of Nepal's best-selling EV brands, attracting significant customer interest with models priced below Rs3 million.
- India's Mahindra is actively competing in the Nepal EV market but faces tough competition from Chinese brands and limited domestic manufacturing capacity.
- The Nepal Automobile Importers and Manufacturers Association Auto Show has drawn large crowds with over 50 automobile brands showcasing various electric, hybrid, and combustion vehicles.
