EV Taxes revised, Here's the breakdown.
Nepal has removed excise duty on electric vehicles (EVs) and completely redesigned how EVs are taxed.

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Nepal has removed excise duty on electric vehicles (EVs) and completely redesigned how EVs are taxed.

EV Taxes have been significantly reduced.

EV prices going up or down ?

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Nepal’s swift transition to electric vehicles has bolstered Chinese automotive dominance, while India experiences a decline in market share. Favorable tax incentives, hydroelectric power, and a decent charging infrastructure contribute to Nepal’s rapid growth in the electric vehicle sector.

While the Neo is $599 in the US, by the time it reaches Nepal with 13% VAT and import duties, the price will likely land around NPR 95,000 to 1,05,000.