Electric Vehicle Boom Nepal 2026
Electric vehicle imports surge amid new launches
What happened
Nepal is experiencing a surge in electric vehicle imports, major product launches, and new policies targeting sustainable transport. Thousands of EVs crossed the border in recent months, with further advancements from manufacturers and new taxation rules.
Timeline
Proton e.MAS 5 SUV Launches
Jul 21, 10:45Jagdamba Motors launched the Proton e.MAS 5 electric SUV in Nepal with introductory prices from Rs 2.999 million, offering two variants and features including a 14.6-inch touchscreen infotainment system.
VAT on Household Electricity Imposed
Jul 17, 02:29Nepal Electricity Authority implemented a 5% value-added tax on household electricity consumption exceeding 50 units, exempting lower usage to encourage energy efficiency amid growing electric vehicle adoption.
Nepal-India Boost Electricity Trade
Jul 16, 11:28Nepal and India agreed to increase electricity import capacity to 1,530 MW and export capacity to 1,850 MW via expanded cross-border transmission lines, supporting Nepal's long-term goal of hydropower exports.
Record EV Imports at Rasuwagadhi
Jul 16, 05:27Over 6,500 electric vehicles imported through Rasuwagadhi customs in fiscal year 2082-83, generating more than Rs 15 billion in revenue and comprising over 60% of total customs revenue; customs officials faced suspension due to illicit clearance attempts.
EV Imports Raise E-Waste Concerns
Jul 15, 00:59Nepal's rapid electric vehicle import growth, reaching over 44,000 units in FY 2024/25, has heightened e-waste challenges due to lack of formal battery and component recycling facilities.
Ethanol Fuel Standards Drafted
Jul 14, 06:48Nepal drafted ethanol quality standards to enable up to 10% ethanol blending into petrol for reducing oil import dependence and supporting local industry, following India's ethanol blending policy.
Leapmotor B03 Debut at NAIMA Expo
Jul 12, 05:18The Leapmotor B03 electric SUV officially debuted at the NAIMA Mobility Expo in Nepal, featuring a 100 kW motor, 14.6-inch touchscreen, and competitive specifications for the growing EV market.
Leapmotor B03 Entry Planned
Jul 10, 09:32Shangrila Motors confirmed importing the Leapmotor B03 electric SUV to Nepal with debut plans at the NAIMA Mobility Expo, offering two variants with Level 2 Advanced Driver Assistance Systems.
Proton e.MAS 5 Launch Announced
Jul 08, 06:13Nepal announced the upcoming launch of the Proton e.MAS 5, a premium fully electric SUV with advanced technology and smart storage features, recognized as Electric Compact Vehicle of the Year 2026 in Malaysia.
Loan Facilitation for EV Buses
Jul 07, 10:50Nepal Rastra Bank introduced a special loan-to-value ratio policy to ease credit access for businesses purchasing large electric public transport vehicles, aimed at supporting sustainable transport.
Latest Coverage
Proton launches e.MAS 5 electric SUV in Nepal, introductory price starts at Rs 2.999 million
Jul 21Proton has launched the e.MAS 5 electric SUV in Nepal with introductory prices starting at Rs 2.999 million. The launch marks Proton's second electric …
thehimalayantimes.com BusinessNepal Electricity Authority Implements 5% VAT on Household Electricity Consumption Above 50 Units
Jul 17Nepal Electricity Authority enforces a 5% VAT on household electricity consumption exceeding 50 units starting today, exempting consumers using 50 units or less.
ratopati.com BusinessMassive influx of EVs at Rasuwagadhi border checkpoint (photo feature)
Jul 16Nepal saw a surge of over 6,500 Chinese electric vehicles crossing the Rasuwagadhi border in fiscal year 2025/26, generating record revenue for customs despite …
nepalnews.com BusinessNepal and India Agree to Increase Electricity Import-Export Capacity
Jul 16Nepal and India have agreed to increase electricity import capacity to 1,530 MW and export capacity to 1,850 MW through expanded cross-border transmission lines, …
ratopati.com BusinessRasuwa Customs Sees Significant Increase in Electric Vehicle Imports in FY 2082-83
Jul 16Imports of electric vehicles through Rasuwa's Rasuwagadhi customs increased significantly in fiscal year 2082-83, with over 6,500 EVs entering Nepal and generating more than …
ratopati.com BusinessNepal’s EV boom is fueling an e-waste crisis the government isn’t ready for
Jul 15Nepal is experiencing rapid growth in electric vehicle imports, but the government lacks a strategy for managing the resulting electronic waste, raising environmental and …
nepalnews.com EnvironmentNepal moves to set ethanol standards ahead of petrol blending rollout
Jul 14Nepal has drafted ethanol quality standards and plans to blend up to 10% ethanol into petrol to reduce oil import dependence and boost local …
kathmandupost.com BusinessLeapmotor B03 electric SUV set for Nepal debut at NAIMA Mobility Expo
Jul 12Shangrila Motors is bringing the Leapmotor B03 electric SUV to Nepal, with its debut at the NAIMA Mobility Expo soon. The B03 features advanced …
thehimalayantimes.com BusinessLeapmotor B03 set to enter Nepal, likely to debut at NAIMA Mobility Expo
Jul 10Leapmotor B03 electric SUV is set to debut in Nepal at the upcoming NAIMA Mobility Expo, with shipments already departed from China. The model …
thehimalayantimes.com BusinessProton e.MAS 5 to Launch Soon in Nepal's EV Market
Jul 08Nepal is set to introduce the Proton e.MAS 5, a globally award-winning electric SUV developed in partnership between Proton and Geely, offering advanced EV …
sharesansar.com Businessठूला विद्युतीय सवारी खरिदमा सहज कर्जा, लोन टू भ्यालु रेसियोमा विशेष व्यवस्था गरिने
Jul 07नेपाल राष्ट्र बैंकले सार्वजनिक यातायातका लागि ठूला विद्युतीय सवारी खरिद गर्न कर्जा मूल्य अनुपातमा विशेष सहजीकरण गर्ने नयाँ नीतिगत व्यवस्था ल्याउने भएको छ जसले …
capitalnepal.com Business