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Nepal witnessed a slowdown in electric vehicle imports

himalaya Diary News Service by himalaya Diary News Service
February 23, 2026
in Business
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EV imports cross Rs 12.5 billion in six months
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Nepal has witnessed a slowdown in electric vehicle imports during the first seven months of fiscal year 2025/26. A total of 5,894 four-wheeler EVs were imported, marking a 6 percent decline compared to the same period last year. In monetary terms, imports amounted to Rs 13.84 billion, down from Rs 14.74 billion in the previous fiscal year. Imports of electric three-wheelers have also decreased.

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