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Experts warn of looming risks amid EV boom

KATHMANDU: Finance Secretary Ghanashyam Upadhyay has expressed concern over the private sector’s limited role in innovation in the automobile sector. Speaking during the ‘Innovative Mobility for Economic Development’ session in the NADA Auto Dialogue organized recently by the by the…
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Nearly 8,000 EVs imported in nine months

KATHMANDU: Nepal imported nearly 8,000 electric vehicles (EVs) in the first nine months of the current fiscal year 2024/25. According to the latest data from the Department of Customs, the country imported 7,967 units of electric cars, jeeps and vans…
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EVs less likely to break down than ICE vehicles: Study

KATHMANDU: Electric vehicles (EVs) are gaining widespread adoption as the world accelerates its shift toward green energy. Nepal is also experiencing rapid EV adoption with penetration reaching an estimated 65–70%. Beyond their environmental advantages, EVs are proving to be more…
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Valuation, financing biggest hurdles in used EV sale

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…
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How to pick the right EV in Nepal’s crowded market

Few days ago, a test drive of the all-wheel-drive JAEECO J6 model was underway at the Gokarna Golf Resort. At the resort, Shatyaman Shrestha, a resident of Shankhamul, was asking his friend, “Which EV is the right choice?” Curious, I…