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: The new tax structure introduced in the Fiscal Year 2026/27 (2083/84) budget is likely to make electric cars more expensive in Nepal. Through the Economic Act 2026 (2083), the government has changed how EV taxes are calculated. Instead of…

KATHMANDU: The new budget publicised by the government yesterday has determined the tax on electric cars based on their value. The new tax policy set by the government is set to increase the price of small electric cars. The Government…

KATHMANDU: Rising costs in the AI ​​and automotive sectors are driving electric vehicle prices higher worldwide. Automakers face dual pressures: surging demand for memory chips from the AI ​​industry and rising lithium prices causing battery supply shortages. Since mid-2025, prices…