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Nepal Imported 1,807 EVs during Last Fiscal Year

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Nepal Imported 1,807 EVs during Last Fiscal Year
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July 28: A total of 1,807 electric vehicles (EVs) were imported in the country in the last fiscal year (FY 2021/22).    
According to the data unveiled by the Department of Customs, majority of EVs imported last year came from China. Altogether 823 such vehicles arrived here from China followed by 696 from India.    
Likewise, 184 EVs were brought in Nepal from South Korea, 78 EVs were imported from Japan, 23 from the UK, one from France and the remaining from other countries.    
Most of the EVs imported were of 100 kilowatt and 150-200 kilowatt in capacity.    
The government in the budget of last fiscal year had announced concession in excise duty for the EVs following which encouraging number of EVs made its way to Nepal during last fiscal year compared to the previous fiscal year (FY 2020/21) during which only 261 EVs were imported.    
The government collected over Rs 1.43 billion in revenue from the import of 1,807 EVs in the last fiscal year while over Rs 5 billion flew out of the country. -- RSS

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