KATHMANDU: As seen in previous years, Nepal witnessed a surge in electric vehicle (EV) imports just ahead of the budget announcement. According to customs data, a total of 2,746 units of electric cars were imported in May 2026 (between Baisakh…

KATHMANDU: Premium electric SUVs in Nepal are set to become significantly more expensive following the new tax structure introduced in the Fiscal Year 2026/27 budget. The government has replaced the excise duty system with a new ‘Clean Infrastructure Investment Fee’.…

KATHMANDU: SPG Automobiles, the official distributor of Chery, Omoda, and Jaecoo in Nepal, has increased the prices of two popular electric SUVs, the iCaur V23 and Jaecoo J6T. The price of the iCaur V23 lifestyle electric SUV has gone up…

KATHMANDU: The Deepal S05 has quickly become one of the leading models in Nepal’s mid-size electric SUV segment. With competitive pricing and a premium package, it has gained strong market acceptance within a short period. Following the success of the…

KATHMANDU: The government has revised another provision related to the Clean Infrastructure Investment Fee imposed on electric vehicles. Through an amendment to the Finance Bill 2026/27, the government has exempted EVs imported before the budget announcement but not yet registered…