Nepal Sees Decline in Electric Vehicle Imports Amid Surge in Petrol Car Demand

Kathmandu. Nepal has witnessed a decline in the import of electric vehicles (EVs), which had recently become highly popular, during the current fiscal year. In the first nine months of the fiscal year 2082/83, the import of electric cars has dropped by nearly 10 percent compared to the previous year.According to data from the Department of Customs, while 7,967 units of electric cars were imported by the end of Chaitra last year, the number has decreased to 7,173 units this year. The Department of Customs reports that electric cars worth a total of 16.66 billion rupees were imported into Nepal...