Our Latest Blogs

Can The Industry Keep Affordable EVs Within Reach?

HighlightsNepal has replaced its motor-capacity-based EV taxation system with a new CIF value-based structure.Customs duty is now fixed at 20% across all electric vehicles.Excise duty, previously ranging from 5% to 50%, has been completely scrapped.A new Clean Infrastructure Fee ranging from 2.5% to 112.5% has...

Omoda E5 Pro Launches, introductory Rs 49.99 Lakh Price in Nepal

HighlightsOmoda E5 Pro officially launched in Nepal by SPG AutomobilesPowered by a 50.7 kWh battery and 99 kW motorProduces 288 Nm torque with a claimed 350 km WLTP rangeIntroductory price set at Rs 49.99 lakh for the first 50 customersRegular pricing starts from Rs 51.59...

India Cuts Fuel Export Duty Ahead of June

HighlightsIndia has reduced export duties on petrol, diesel and aviation turbine fuel (ATF).The revised rates take effect from June 1.Petrol export duty falls to ₹1.5 per litre.Diesel export duty drops to ₹13.5 per litre.ATF export duty has been reduced to ₹9.5 per litre.Domestic excise duty...

Nepal Tightens Ride Sharing Rules With Black Number Plates For Bikes

HighlightsNepal government now requires ride-sharing two-wheelers to carry black number platesRed plate motorcycles and scooters can no longer legally operate ride-sharing servicesAnnual income tax fixed at NPR 3,000 for registered ride-sharing two-wheelers5 percent tax introduced on every ride-sharing transactionRule comes through the government's new economic...

Nepal’s new budget changes EV taxes from kW-based, to price-based duties.

HighlightsNepal will now calculate EV taxes based on vehicle value instead of motor powerThe policy was announced in the Fiscal Year 2026/27 national budgetFinance Minister Dr. Swarnim Wagle says the old system distorted the marketA new Green Tax replaces multiple existing customs-related chargesThe government also...

Nepal Raises Road Construction Tax on EVs

HighlightsNepal has increased road construction and maintenance taxation linked to EV ownershipEntry-level EV buyers are expected to feel the biggest impactCustoms duty on smaller EVs already sits at 15%EV financing rules were tightened earlier through lower LTV limitsIndustry groups fear policy instability could slow market...