My Republica

Sahil Shrestha

Shrestha is the CEO of Cimex Inc Pvt Ltd., the authorized distributor of BYD in Nepal.
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Here is why the government should revise its taxation on electric vehicle

Published On: June 9, 2020 10:35 AM NPT By: Sahil Shrestha

There are approximately 1,150 four-wheeler Electric Vehicles (EVs), 4,700 electric bikes and 31,000 e-rickshaws in Nepal. Considering 1,150 four wheelers consumes 20 million rupees worth of electricity per year, and saves the fuel import of worth 100 million rupees per year. Further, operation of 1,150 four-wheelers saves 2,400 tons of CO2 emissions.