Highlights

• Total EVs imported in first five months FY 2082/2083 reached 3,798 units

• Import value of EVs hit NPR 895.51 crore, generating NPR 556.34 crore in government revenue

• ICE vehicles imported totaled 3,158 units

• Majority of EVs fall in 51–100 kW range, suited for urban commuters

• Slight decline in EV imports compared to last year’s 4,695 units, hinting at market adjustments

Electric Vehicle Imports Overview

Electric vehicles are steadily growing in Nepal, reflecting a shift in consumer preference towards sustainable mobility. The imports are distributed as follows:

• Up to 50 kW – 1,215 units

• 51–100 kW – 2,164 units

• 101–200 kW – 414 units

• 201–300 kW – 5 units

The largest share of EV imports belongs to the 51–100 kW segment, targeting city drivers and small families. The rising import numbers indicate a long-term move toward electric mobility solutions.

ICE Vehicle Imports and Trends

Internal Combustion Engine vehicles remain relevant across Nepal, particularly for commercial use and areas with limited EV infrastructure. During the same period:

• Total ICE vehicles imported – 3,158 units

• Predominantly petrol and diesel vehicles

• Main source countries – mostly India

Despite the increasing EV adoption, ICE vehicles continue to dominate in regions with charging challenges and for commercial transportation needs.

Market Insights and Consumer Preferences

1. EV imports contribute significantly to government revenue

2. Consumer adoption shows gradual preference for electric cars and vans

3. ICE vehicles remain essential for commercial operations and remote regions

4. Year-on-year EV imports show a small decline due to global supply chain and market adjustments

Comparative Analysis of EV and ICE Vehicle Imports

Vehicle Type	Units Imported	Revenue Generated	Key Segment
Electric Vehicles	3,798	NPR 556.34 crore	51–100 kW urban commuters
ICE Vehicles	3,158	N/A	Petrol/Diesel commercial use

Conclusion

Nepal is witnessing a gradual transformation in its automotive sector, with electric vehicles increasingly taking a share of the market while ICE vehicles maintain strong relevance. The growth of EV imports underlines the country’s move toward sustainable transportation, reflecting rising environmental awareness, expanding charging infrastructure, and evolving consumer preferences.

The first five months of FY 2082/2083 highlight that electric mobility is no longer a niche choice but an emerging mainstream trend in Nepal.

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