Electric vehicles industry in Nepal

reogma|Electric vehicles industry in Nepal

According to Electric Vehicle Association of Nepal (EVAN), the total number of EVs in Nepal stands at around 21,000 as per the 2017 data. That figure is obviously much smaller compared to millions of internal combustion engine (ICE) vehicles currently plying on Nepal’s roads.

In just the first three months of the current fiscal year 2018/19, the country imported EVs worth Rs 274 million while EVs worth Rs 768 million were imported during the last fiscal year, 2017/18.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Distribution Chain Analysis
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

A electric vehicle, also called as EV, uses one or more electric motors or traction motors for propulsion. An electric vehicle may be powered through a collector system by electricity from off-vehicle sources, or may be self-contained with a battery, solar panels or an electric generator to convert fuel to electricity.

EVs first came into existence in the mid-19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time.

In the 21st century, EVs saw a resurgence due to technological developments, and an increased focus on renewable energy. A great deal of demand for electric vehicles developed and a small core of do-it-yourself (DIY) engineers began sharing technical details for doing electric vehicle conversions.

The battery size and type are critical. There are two types of batteries predominantly used in electric vehicles, namely, nickel-based aqueous batteries and lithium-ion batteries. Due to their high voltage, reliable discharge and good lifecycle, lithium-ion batteries are currently the most widely used battery system for electric buses.


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According to Electric Vehicle Association of Nepal (EVAN), the total number of EVs in Nepal stands at around 21,000 as per the 2017 data. That figure is obviously much smaller compared to millions of internal combustion engine (ICE) vehicles currently plying on Nepal’s roads. In just the first three months […]
reogma|Electric vehicles industry in Nepalreogma|Electric vehicles industry in Nepal

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