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

Over 11,600 Cooperatives Under Registration Process With National Cooperative Regulatory Authority

Supreme Court Annuls Three-Year Limit on Sale of Banks’ Non-Banking Assets

Customs Clearance Resumes After Traders Accept Self-Declaration of MRP

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

Over 11,600 Cooperatives Under Registration Process With National Cooperative Regulatory Authority

by CEO Tab
May 8, 2026
0
Over 11,600 Cooperatives Under Registration Process With National Cooperative Regulatory Authority

Around 11,600 cooperatives are currently undergoing registration with the National Cooperative Regulatory Authority. The authority has initiated the process to regulate savings and credit cooperatives across the country...

Read more

Supreme Court Annuls Three-Year Limit on Sale of Banks’ Non-Banking Assets

by CEO Tab
May 8, 2026
0
Supreme Court

Banks and financial institutions (BFIs) in Nepal have received major relief after the Supreme Court of Nepal struck down the legal provision requiring them to sell non-banking assets...

Read more

Customs Clearance Resumes After Traders Accept Self-Declaration of MRP

by CEO Tab
May 8, 2026
0
Mandatory MRP Labelling and Billing Rule Enforced for Imported Goods

Customs clearance of imported goods has resumed after a week-long disruption, following an agreement between traders and the government to adopt a self-declaration system for maximum retail price...

Read more

IMF Extends Nepal’s Extended Credit Facility Program Until July 2026

by CEO Tab
May 8, 2026
0
Nepal to receive Rs 48 billion loans from IMF

The International Monetary Fund has extended Nepal’s Extended Credit Facility (ECF) program by an additional two months, allowing more time to complete the seventh and final review of...

Read more

National Statistics Office Urges Businesses to Participate in Economic Census

by CEO Tab
May 7, 2026
0
Nepal’s Second Economic Census to Begin on March 15

The National Statistics Office has urged all business establishments across the country to participate in the ongoing Economic Census. Dr. Bed Prasad Dhakal, Director of the Economic Census...

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.