Kathmandu: In the last 10 months, the sales of Electric Vehicles (EVs) in Nepal have soared by a massive 600 percent. From April 2021 to January 2022, importers sold 1,200 EVs, according to the data of the National Automobiles Dealers’ Association (NADA).
The number was just 218 in April 2020 to March 2021, and 575 in the previous year.
“Lately, consumers are attracted to EVs, thanks to low maintenance cost and low customs duty,” said Dhruba Thapa, president at NADA.
With the increase in sales, importers have started to install charging stations across the country. Currently, four-five companies are selling electric vehicles.
Likewise, the government is also installing 50 charging stations across the country. The move, according to the Nepal Electricity Authority, would encourage people to buy electric vehicles, resulting in an increase in electricity consumption.
The sales of EVs have increased at a time when the government is planning to increase electricity consumption at a massive rate.
According to NADA, the price of EVs in Nepal starts from Rs 1.8 million to more than Rs 10 million.
Nepal Live Today has compiled details of price, charging stations, among others of companies selling electric vehicles in Nepal.
Sipradi Trading Private Ltd, the sole distributor of Tata Motors in Nepal, has just introduced Tata Motors’ EVs in Nepal. The company is currently selling three models of Nexon EV. The price of three different models of Nexon EV has been set at Rs 3.7 million, Rs 3.9 million and Rs 4.1 million. Likewise, the company is introducing Tigor EV in the market.
The company has already set up charging stations in eight places—Hetauda, Bhairahawa, Chumlingtar, Pokhara, Kathmandu, Mulkot, Dhalkebar, and Itahari. Likewise, the company is installing another three charging stations in Birtamod, Narayanghat and Naubise.
The company has recently installed 40 charging stations across the country. Along with the 40 charging stations, the company plans to install more charging stations in the near future. Laxmi Intercontinental, the authorized distributor of Hyundai in Nepal, has 12 dealers and 18 service centers across the country.
Cimex Inc, the authorized distributor of BYD in Nepal, is planning to install 50 charging stations along highways across the country. In these charging stations, vehicles of others companies can also be charged. The company already has 30 charging stations across the country.
Continental Trading Enterprises, the authorized distributor of KIA Motors in Nepal, is planning to install 15 fast-charging stations along the Araniko and BP Highways in the first phase. According to the company, the preparations are in the final phase to install stations along the highways.
Paramount Motors, the authorized distributor of MG in Nepal, already has 15 charging stations across the country. Now, the company is preparing to install another 15 stations.