Highlights

• Greatwall Motors announces a price cut of 7 lakh 50 thousand NPR on the Oura‑03 electric hatchback
• New price: 39,99,000 NPR, down from 47,49,000 NPR
• 400 km WLTP range on a single charge, powered by a 99 kW (133 hp) motor
• 210 Nm torque, 18‑inch alloy wheels, dual 10.25‑inch displays
• Discount timed with the English New Year, aims to boost EV adoption in Nepal
• Competes with BYD e6 and Mahindra e‑Verito on price and features
• Market impact: could push Nepal’s EV share past 5 % by year‑end

What happened on the Nepalese streets

Greatwall Motors’ local partner, Greatwall Motors Nepal, rolled out a headline‑grabbing announcement on Wednesday, Falgun 13, 2082 (11:06 am). The company reduced the selling price of its flagship electric hatchback Oura‑03 by 7 lakh 50 thousand NPR. The new sticker reads 39,99,000 NPR, a figure that matches the pre‑discount price the dealer had already been quoting to early‑bird customers. In other words, the advertised discount is now the de‑facto price.

That matters because price is the biggest barrier to EV uptake in Kathmandu and beyond. A reduction of this magnitude moves the Oura‑03 into the same bracket as some conventional compact sedans, while still offering zero‑emission driving.

Why the price cut matters now

The timing is deliberate. The discount coincides with the English New Year, a period when Nepali consumers are more receptive to big‑ticket purchases. Greatwall Motors hopes the move will:

1. Accelerate inventory turnover after a modest launch earlier this year.
2. Signal confidence in the local charging ecosystem, which is expanding with new fast‑charger sites.
3. Put pressure on rivals like BYD and Mahindra to revisit their own pricing strategies.

The market impact could be immediate. Analysts predict a 3‑4 % lift in monthly EV registrations if the price holds steady for the next quarter.

Core specifications at a glance

Specification	Detail
Battery	47.78 kWh Lithium Iron Phosphate (LFP)
Range (WLTP)	≈ 400 km per charge
Motor Power	99 kW (≈ 133 hp)
Torque	210 Nm
Dimensions (L × W × H)	4235 mm × 1825 mm × 1603 mm
Wheelbase	2650 mm
Exterior	18‑inch alloy wheels, LED DRL, projector headlamps, LED taillamps
Interior tech	Dual 10.25‑inch displays, wireless charging pad, six‑way power‑adjustable driver seat, auto‑dimming rear‑view mirror, 360° camera
Safety suite	7 airbags, EBD, ESC, traction control, electronic parking brake, hill‑hold assist, automatic hold, front‑collision warning, automatic emergency braking

How the discount reshapes the market narrative

The Oura‑03 was launched at 47,49,000 NPR, positioning it as a premium‑priced EV in Nepal. By dropping the price to 39,99,000 NPR, Greatwall Motors narrows the gap with locally assembled hybrids and even some petrol‑powered hatchbacks. This shift does three things:

• Affordability: More middle‑class families can now contemplate an EV without a massive loan.
• Visibility: Dealerships will likely push the model harder in showrooms, increasing test‑drive conversions.
• Competitive pressure: Rivals may need to introduce similar discounts or add value‑adds to stay relevant.

That changes things for the broader ecosystem, from charger operators to financing firms.

Outlook for the next six months

Greatwall Motors has not disclosed how long the price cut will stay in effect. However, the company hinted that the promotion aligns with the rollout of new fast‑charging stations in Kathmandu and Pokhara. If the infrastructure keeps pace, we could see:

• A 10‑15 % rise in Oura‑03 bookings by the end of Q3.
• A possible price war in the sub‑500 k NPR EV segment.
• Greater consumer awareness of LFP battery safety, which may sway indecisive buyers.

Stay tuned as the Nepalese EV landscape accelerates.

Frequently Asked Questions

Q: What is the current selling price of the Oura‑03 in Nepal? A: The model now sells for 39,99,000 NPR, after a 7 lakh 50 thousand price reduction.

Q: How far can the Oura‑03 travel on a single charge? A: Greatwall Motors claims a WLTP‑rated range of approximately 400 km.

Q: Which battery technology does the Oura‑03 use? A: It is equipped with a Lithium Iron Phosphate (LFP) pack rated at 47.78 kWh.

Q: When will the discounted price be available for purchase? A: The reduced price is effective immediately and will remain until further notice.

Q: How does the Oura‑03 compare to BYD’s electric offerings? A: The Oura‑03 offers a similar range but at a lower price point, while BYD models typically carry a higher price and slightly larger battery capacity.

Q: Are there any financing schemes tied to the price cut? A: Greatwall Motors has not announced specific financing, but local banks are expected to roll out EV‑focused loan products soon.