CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Nepal imports EVs worth Rs 12.73 billion in six months

CEO Tab by CEO Tab
January 23, 2024
in Prime News
0
CG Motors unveils eco-friendly ‘NETA V’ in market

A view of electric crossover vehicle 'NETA V' at the launch event held in a showroom in Bishalnagar, Bhatbhateni, Kathmandu, on Wednesday, June 8, 2022. CG Motors launched the vehicle in the market. Photo: CG Motors

74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Nepal imported 5,017 units of electric cars, jeeps and vans worth Rs 12.73 billion from mid-July to mid-December of the current fiscal year. 

You might also like

Nepal Launches Taxpayer Reward Portal, Offers Cash Prizes for Demanding VAT Bills

Policy Uncertainty Weighs on Nepal’s Economy, NRB Study Finds

Nepal Insurance Authority Plans Separate Insurance Premium Guidelines for Electric Vehicles

According to the data published by the Department of Customs (DoC) on Sunday, 5,000 units of EVs (Electric Vehicles) were imported in the six months of the current fiscal year.

The government has collected customs duty of Rs 5.76 billion while importing EVs worth Rs 12.73 billion. According to the DoC, 1,421 units of electric cars, jeeps and vans were imported in mid-December alone.

The import of EVs has exceeded the government’s expectations in recent times. Despite the government providing tax concessions with the anticipation that EV imports would decline, electric vehicles have now become mainstream in the automotive sector.

Most electric vehicles seem to have been imported from China. Many brands like BYD, MG, Seres, Great Wall Motor, NETA have entered Nepal from China. According to the DoC, 3,121 units of EVs were imported from China alone in six months.

Similarly, many EVs have entered Nepal from India as well. A total of 1,922 units of Tata, Citroen and other EVs have been imported from India.

Additionally, 39 units of EVs were imported from Korea, 5 units from Germany, 17 units from Indonesia and 3 units from America.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Launches Taxpayer Reward Portal, Offers Cash Prizes for Demanding VAT Bills

by CEO Tab
August 2, 2026
0
Nepal Launches Taxpayer Reward Portal, Offers Cash Prizes for Demanding VAT Bills

The Inland Revenue Department (IRD) has launched its long-awaited taxpayer incentive portal, allowing consumers to upload purchase bills for a chance to win cash prizes as part of...

Read more

Policy Uncertainty Weighs on Nepal’s Economy, NRB Study Finds

by CEO Tab
August 2, 2026
0
Policy Uncertainty Weighs on Nepal’s Economy, NRB Study Finds

Growing economic and policy uncertainty is slowing Nepal’s economy by weakening investment, credit expansion and market confidence, according to a new study by Nepal Rastra Bank (NRB). Published...

Read more

Nepal Insurance Authority Plans Separate Insurance Premium Guidelines for Electric Vehicles

by CEO Tab
August 2, 2026
0
Nepal Insurance Authority Plans Separate Insurance Premium Guidelines for Electric Vehicles

The Nepal Insurance Authority (NIA) has begun drafting new guidelines to introduce separate insurance premium structures for electric vehicles (EVs) and conventional petroleum-powered vehicles. The insurance regulator said...

Read more

NOC Begins Direct LPG Sales in Kathmandu Amid Supply Shortage Complaints

by CEO Tab
August 2, 2026
0
NOC Begins Direct LPG Sales in Kathmandu Amid Supply Shortage Complaints

The Nepal Oil Corporation (NOC) has started selling liquefied petroleum gas (LPG) directly from its Teku office in Kathmandu in response to growing consumer complaints over cooking gas...

Read more

Finance Minister Announces ‘Response Desk’ to Address Private Sector Concerns

by CEO Tab
July 29, 2026
0
Finance Minister Announces ‘Response Desk’ to Address Private Sector Concerns

Finance Minister Dr. Swarnim Wagle has announced that the Ministry of Finance will establish a dedicated ‘Response Desk’ to promptly address the concerns of industrialists and business leaders,...

Read more
Next Post
China trade

Nepal’s export earnings stands one-tenth of its import expenses in the first half of 2023/24

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.