Tag: EV

UK’s BII Joins IFC and MetLife in First Local Currency Green...

British International Investment, the UK’s development finance institution and impact investor, has joined IFC and MetLife to announce a landmark investment of $60 million...

44% Increase in Excise Duty Collection from EVs

100-200 kW EV imports up 713%, revenue collection up 574% KATHMANDU, Jan 21: While the number of electric vehicles (EVs) imported in the first half...

Shifting Focus: Government Turns to Gas After Petroleum Pipeline

Kathmandu — While adopting a policy to increase electricity consumption, the government has simultaneously promoted petroleum projects with long-term impacts. To reduce the growing...

Nepal’s Export Sector Fights to Overcome Low Performance

Kathmandu, Oct. 2: Nepal continues to face significant challenges in its export sector, with total exports remaining dismally low. Recent data indicates that the country's export...

Government Revenue Declines as Electric Vehicle Imports Rise

The Ministry of Finance claims that the government lost over 60 billion rupees in revenue in the last fiscal year alone due to the...

Southern Imports Decline as Electric Vehicles Drive Northern Imports

Shipments from China to Nepal increased by 34.8 percent, while those from India fell by 3 percent. Imports from China to Nepal rose more sharply...

Embracing the Fuel of the Future

Nepali researchers test hydrogen-fuelled car, but much fine-tuning still needed A year-and-a-half after the Nepal Green Hydrogen Summit, Kathmandu University (KU) last week successfully tested a...

BYD Seal: Electrifying the Road to Dominance in the Saloon Arena

Build Your Dreams or BYD has become one of Nepal’s most popular electric car brands. The first passenger vehicle by BYD called BYD E6...

Nepal’s Surge in Electric Vehicle Imports, A Rs 12.73 Billion Journey

1,421 units imported in mid-December alone KATHMANDU, Jan 22: Nepal imported 5,017 units of electric cars, jeeps and vans worth Rs 12.73 billion from mid-July...

Customs Discounts on EVs Primarily Aimed at Benefit for Consumers :...

Kathmandu, Jan. 7: Finance Minister Dr. Prakash Sharan Mahat has said that the tax discount given on electric vehicles should also be transferred to the...

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