A lineup of electric SUVs parked outside a modern showroom in Kathmandu, illustrating the impact of the new 2026 EV tax structure.

New EV Tax in Nepal 2026: How the Price-Based Overhaul Impacts Every Electric Vehicle Segment

The era of kilowatt-based electric vehicle (EV) taxation in Nepal is officially over. In the newly unveiled budget for the fiscal year 2026/27 (FY 2083/84), Finance Minister Dr. Swarnim Wagle announced a structural paradigm shift that completely removes peak motor capacity ($kW$) from the tax calculation. Instead, Nepal has introduced a purely value-based (CIF price-driven)…

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