new EV tax Nepal 2026 Archives

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

Sital Ghimire4 days ago4 days ago06 mins

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)…

Front three-quarter view of the silver iCaur V23 electric SUV on a road in Nepal, showing its retro boxy design, round LED headlights, and rugged bumper.

iCaur V23 Still Available at Pre-Budget Price in Nepal: Limited Stock Remains with 3 Lakhs Savings

Sital Ghimire1 month ago1 month ago07 mins

The landscape for electric vehicles in Nepal has shifted dramatically following the recent announcement of the national budget. Due to a new 20% customs duty alongside a freshly introduced Clean Infrastructure Investment Tax, major EV distributors are actively revising their price lists upward. Consequently, the highly popular iCaur V23 lifestyle electric SUV recently saw its…