KATHMANDU: Nepal is witnessing a steady decline in the import of internal combustion engine (ICE) cars as new electric vehicles (EVs) flood global markets. With EV imports growing with every passing month, the second-hand EV market is also beginning to…

KATHMANDU: Electric vehicle (EV) adoption is rapidly increasing in Nepal. EVs now account for around 70% of new car sales, surpassing internal combustion engine vehicles. This shift has been driven primarily by government tax exemptions. Other contributing factors include growing…