Under the revised national fiscal framework, the total value of the vehicle determines its applicable tax bracket. Specifically, the state calculates duties based on the declared Cost, Insurance, and Freight (CIF) value at the border. This policy shift entirely decouples EV taxation from peak motor performance. Table of Contents The Elimination of Excise Duties To…
This structural shift fully replaces the old excise duties previously imposed on electric vehicles. Under the new finance bill, the government is completely decoupling EV taxation from peak motor power (kilowatts). Instead, the state has implemented a transparent, price-driven mechanism determined entirely by the vehicle’s customs-declared Cost, Insurance, and Freight (CIF) monetary value. Because the…
The Deepal S05 model series initially debuted locally with a highly aggressive introductory pricing strategy. However, this latest price adjustment solidifies its standard retail presence in Nepal’s competitive mid-size electric vehicle segment. Built on Changan’s advanced, dedicated EPA1 electric architecture, the compact SUV has already secured global recognition. Specifically, it won the prestigious European iF…
The grand opening marks a major milestone for the brand’s presence in Nepal’s rapidly expanding electric vehicle market. Specifically, Mr. Nirvana Chaudhary, Managing Director of CG Corp Global, formally inaugurated the facility. He was joined by Mr. Raymon Wong and other high-level representatives from GAC International and GAC AION. This state-of-the-art hub replaces the previous…
According to the latest data from the Department of Customs, Nepal imported over 7,434 EV units—including cars, jeeps, vans, and micro-buses—worth Rs 18.20 billion in the eight months leading up to mid-March. Despite this massive volume, regional and global economic factors are actively squeezing dealer margins. As a result, distributors are steadily passing these extra…
