A long line of newly imported electric vehicles undergoing customs inspection at a northern border point in Nepal.

EV Demand in Nepal is Growing But So Is Cost: Navigating the Market Shift

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…

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