Nepal imported 5,480 electric four-wheelers during the first half of the fiscal year 2024/25, with a total import value of Rs 13.19 billion. The government collected Rs 811.62 million in customs revenue from these imports, according to the data released by the Department of Customs.

Electric vehicles with a capacity of 51-100 kW dominated the imports, with 3,191 units brought into the country, valued at Rs 7.97 billion, generating Rs 545.3 million in customs revenue. Vehicles with capacities below 50 kW ranked second, with 1,725 units imported at a total value of Rs 3.11 billion, contributing Rs 131.6 million in revenue.

Similarly, 553 vehicles were imported in the 101-200 kW category, amounting to Rs 1.95 billion in value and contributing Rs 165.9 million in customs revenue. Imports of higher-capacity vehicles were significantly lower, with just nine units in the 201-300 kW range and only two units exceeding 300 kW. These categories collectively contributed Rs 18.5 million in revenue.

The data highlights growing consumer preference for mid-range electric vehicles, particularly those in the 51-100 kW segment, which analysts view as a positive indicator for Nepal’s electric vehicle market.