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Electric vehicles owners have to pay yearly tax in nepal

3rd March 2021
"Electric vehicles owners now have to pay yearly tax in nepal."

The pandemic has created a crisis in the entire region and sales of all types of vehicles have come to a standstill in Nepal. Nepalese automotive industry is already reeling under a major slump, especially the electric car sector, the government has now announced yearly taxes for electric cars from the upcoming fiscal year 2077/2078. Electric vehicles owners who enjoyed a yearly tax holiday from the government will now have to pay tax depending upon the motor capacity of their vehicle.

 

Yearly Tax  for personal electric vehicles in Nepal

Two-wheelers motor (watt)

Capacity (watt)                          Amount

250- 1000                                   1500
1001- 1500                                 2000
1501- onwards                           3000

Car, Van and others

Capacity (kw)                    Amount

50- 125                                    15000
126-225                                   20000
226- onwards                          30000

 

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Last year, approximately 590 EV passenger cars were sold in Nepal. The government had earlier introduced policies to encourage EVs adoption. Unlike fossil fuel-powered four-wheelers, which incurred taxes of up to 261 per cent, private EV four-wheelers were taxed only 23 per cent (10 per cent import tax and 13 per cent VAT).

The adoption of electric vehicles presents a great opportunity for the deployment of sustainable transportation. The role of electric vehicles in reducing pollution attributable to transportation is self-evident and has been substantiated with scientific studies.

The details of Nepal’s fiscal budget for the year 2020/21, however, will decelerate the rate of EV adoption. We completely understand why the Finance Ministry has drawn out concerns over the “depleting foreign reserve,” and “deficit in the balance of payment.” Along with that, we welcome the ministry’s good faith towards electric mobility in the public segment. Yet, there are numerous countervailing factors that come with EV adoption among the passenger segment that can offset the concerns raised by the ministry.

 

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New Upcoming Electric Cars in Nepal 2020 | Price, Specs

3rd March 2021
"Electric cars are creating a buzzing sensation in the streets of Nepal."

Electric cars are creating a buzzing sensation in the streets of Nepal. Here in this article, we will discuss the electric cars that are available in Nepal and the new upcoming electric cars in Nepal in 2020 with their price and specifications:

Also Read: 2020-21 BUDGET IMPACT: ELECTRIC VEHICLES TO BE MORE COSTLY IN NEPAL

New Upcoming Electric Cars in Nepal 2020 

DFSK Glory E3

In terms of appearance, the DFSK Glory E3 design inherits the DFSK's distinctive design style. The front is wrapped with a chrome grille with three horizontal trim lines. The design style that connects the headlights and chrome grille is a characteristic of the third row of other DFSK SUV models. The sturdy rear design, 18-inch sporty wheel, increasingly shows it is the current SUV model.

DFSK Glory E3 electric car

DFSK Glory E3 Specification

DFSK Glory E3 motor specification

DFSK Glory E3 has 163 PS power and 300 Nm of torque, which can accelerate from 0-50 km in 3.9 seconds. In addition, there are three driving modes that can be selected according to the needs of Normal / Eco / Sport.

DFSK Glory E3 Mileage

The battery of the car is lithium-ion polymer battery and the range provided by it is 305 km with a full charge.

Also Read: Electric Vehicles Advantages and Disadvantages in the context of Nepal

Tata Nexon EV

Tata Motors unveiled its anticipated Tata Nexon EV on 16th December. According to Tata Motor's latest updateits first electric SUV, Tata Nexon EV launch date is scheduled in Jan 2020 in India but no information is released about its launch in Nepal. It is expected that the Tata Nexon EV price in India will be set between Rs.15 Lakh and Rs. 17 Lakh. The Tata Nexon EV will be the first vehicle by the carmaker that will accompany the company's Ziptron powertrain

Tata Nexon EV

Tata Nexon EV specifications

As for the Tata Nexon EV Specifications, the new Nexon EV will get IP67 appraised dust and waterproof battery pack and it is expected to give a range of near 300km.

The company is now chipping away at its charging framework and it means to increase the number of chargers in significant metro urban areas very soon. Once launched, the Tata Nexon EV will go facing any semblance of the Mahindra XUV300 electric that is as of now experiencing advancement. In the interim, Tata Motors is likewise trying its Nexon facelift that has been spied as of late very close. The front finish of the SUV is sharper than previously and gets smooth projector headlamps.

The backside of the vehicle looks to a great extent unaltered. The new Nexon facelift will keep on getting power from the equivalent 1.2-liter petrol and 1.5-liter diesel motors and these will probably be BS-VI compliant.

Peugeot 2008 EV

The SUV is built with strength and character, the striking new exterior design is complemented with vibrant new paint finishes. Innovative lifestyle technology has been introduced to ensure maximum convenience and safety.

Peugeot 2008 EV

Peugeot 2008 EV has a battery capacity of 50 kWh. It gives the maximum power of 136 PS and a peak torque of 260 Nm. The maximum speed provided by the vehicle is 150 km/h. It takes 7 hours and 45 minutes for a full charge and provides a range of 275 km.

Nissan Leaf

The Nissan LEAF is equipped with the latest Intelligent Driving technologies including e-Pedal and ProPILOT² systems and energizes you with the future of dynamic driving. The all-electric Nissan LEAF is the perfect expression of smart & sustainable Nissan Intelligent Mobility.

nissan leaf

Nissan Leaf electric takes 7.9 seconds to accelerate from zero to 100 kmph.

Nissan Leaf gets a 40.0 kWh electric motor with a battery power of 150 PS and a peak torque of 320 Nm. The car provided a maximum speed of 144 kph. A full charge will take 11 hours and 45 minutes. Nissan Leaf electric gives a range of about 220 km in one full charge.

DS 3 E-TENSE

The luxury compact SUV, combining advanced technology and refinement, DS 3 E-TENSE is the first 100% Electric vehicle from DS Automobiles. DS 3 E-TENSE will pave the way for a new generation of electric vehicles.

DS 3 E-TENSE

DS 3 E-Tense electric takes 8.7 seconds to accelerate from zero to 60 mph.

DS 3-E Tense gets a 50kWh electric motor with a battery power of 134 bhp and a maximum speed of 165 kph. A full charge will take around eight hours. DS 3 E-Tense electric gives a range of about 322 km in one full charge.

Mahindra E KUV 100

In the biggest development on the first day of Auto Expo 2020, Mahindra and Mahindra launched e-KUV100 at the starting price in India of INR 8.25 lakh.
Mahindra e-KUV100 is equipped with a liquid-cooled battery pack, auto transmission, fast charge, and remote connections.

Mahindra E KUV 100



Mahindra e-KUV100 is in line with the vision shared by the company at the motor show. "Purpose for cleaner performance for a cleaner tomorrow, zero waste tomorrow is at the core of Mahindra and Mahindra," the company's MD Pawan Goenka said at the Auto Expo 2020. The company also announced the all-new mStallion range of engines that will complement the mHawk range. The new engine, says Mahindra, will offer better performance and mileage. The company had earlier said that the electric version of Mahindra  XUV300 will be made available in the country by 2021.

 

Electric cars available in Nepal

KIA Niro

Energy and power for the Kia Niro EV come from a cutting-edge, liquid-cooled 64kWh lithium-ion polymer battery and powerful electric motor. The long-range battery, packaged under the floor of this electric car to maximize cabin space for passengers, gives the Niro EV a range of over 450 kilometers from a single charge.

KIA Niro Electric car

KIA Niro Specifications

Kia Niro Motor Specification

The maximum power produced by this electric motor is 139 hp @ 5,700 rpm and the peak torque produced by the car is 195 lb·ft @ 1,000.

Kia Niro Mileage

The battery of the car is lithium-ion polymer battery and the range provided by it is 452 km with full charge.

Kia Niro Ground Clearance

The kerb weight of the car is 1,409 kg and KIA Niro ground clearance is 170 mm.

KIA Niro Price in Nepal

The KIA Niro price in Nepal is Rs. 65,96,000.

Click here to Compare Kia Niro EV with any other Cars.

MG eZS

The MG eZS electric car gives you the best, and that includes what’s found under the bonnet. Which is why we designed a compact SUV that gives you premium style, without the premium price tag. The smooth lines and high-end touches aren’t just there to look good; they’ll make you feel good too. Knowing that you’re in a ride that doesn’t do middle-of-the-road. This luxury SUV turns heads in both the town and the country.

MG eZS electric car

MG eZS Specification

MG eZS motor specification

MG eZS produces 148BHP and 350Nm. Moreover, it is fast enough to get from 0 – 50kmph in just 3.1 seconds.

MG eZS Mileage

The battery of the car is lithium-ion polymer battery and the range provided by it is 428 km with a full charge.

Compare Cars Here

Hyundai Kona

Introducing the ground-breaking KONA Electric car, the uncompromising newcomer that combines bold, roomy SUV with impressive electric driving range.

Hyundai Kona electric car

Hyundai Kona Specifications

Hyundai Kona Engine Specification

The maximum power produced by this electric motor is 134 bhp and the peak torque produced by the car is 395 Nm.

Hyundai Kona Mileage

The battery of the car is lithium-ion polymer battery and the range provided by it is 452 km with full charge.

Hyundai Kona Ground Clearance

The kerb weight of the car is 1685 kg and Hyundai Kona ground clearance is 170 mm.

Hyundai Kona Price in Nepal

The Hyundai Kona price in Nepal is Rs. 76,96,000.

Click here to compare Hyundai Kona with other cars

Mahindra E2O

The Electric Hatchback from Mahindra.And here is the Mahindra E2O price in Nepal and other Mahindra E2O  specifications for you.

Mahindra E2O Electric car

Mahindra E2O Specifications

Mahindra E2O Engine Specification

The maximum power produced by E2O is 26 PS @ 3500 RPM and the peak torque produced by the car is 70 Nm @ 1000 RPM.

Mahindra E2O Range

The battery charges within 6 hours and gives the range of around 100 km.

Mahindra E2O Ground Clearance

The kerb weight of the car is 932 Kg and Mahindra E2O ground clearance is 170 mm.

Mahindra E2O Price in Nepal

The Mahindra E2O price in Nepal is Rs. 20,35,000.

Click here to compare Mahindra E2O with other cars

Kia Soul EV

The KIA Soul EV is a battery-electric vehicle ideally suited for city commuters thanks to its class-leading drive range, a spacious cabin, and generous cargo area. Kia Soul EV price in Nepal and other Kia Soul EV specifications is discussed below.

Kia Soul EV

Kia Soul EV Specifications

Kia Soul Engine EV Specification

The maximum power produced by the electric motor is 109 PS @ 2730-8000 RPM and the peak torque produced by the car is 285 Nm @ 0-2730 RPM.

Kia Soul EV Ground Clearance

The kerb weight of the Kia Soul electric car is 1565 kg and the ground clearance is 165 mm.

Kia Soul Price in Nepal

The Kia Soul EV price in Nepal is Rs. 56,00,000.

Click here to Compare Kia Soul with any cars

Hyundai IONIQ 2020

The much-awaited Hyundai IONIQ Electric 2020 has been facelifted in Nepal. Laxmi Intercontinental Pvt. Ltd, the authorized distributor of Hyundai for Nepal is offering the latest Hyundai Ioniq electric car facelift 2020 for Nepalese customers.

Hyundai IONIQ electric car

Hyundai IONIQ Specifications

Hyundai IONIQ electric takes 8.9 seconds to accelerate from zero to 60 mph.

Hyundai IONIQ gets a 38.3 kWh electric motor with a battery power of 134 bhp and a maximum speed of 165 kph. A full charge will take slightly less than nine hours. Hyundai IONIQ electric gives the range of about 275 km in one full charge.

Hyundai IONIQ 2020 has LED DRL and Headlamps, Smart Electric Sunroof and new Iconic Grille.

Hyundai IONIQ Electric Price in Nepal

The Hyundai IONIQ price in Nepal as stated by Hyundai Nepal is 76,96,000 NRS.

Click here to Compare Hyundai IONIQ with any other cars.

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2020-21 Budget impact: Electric Vehicles to be more costly in Nepal

2nd March 2021
"The new budget of Nepal has now imposed customs duty on the price of electric cars like other vehicles and has also increased excise duty."

Amidst huge challenges and uncertainties due to the spread of COVID-19 in the country, the Finance Minister of Nepal Yubaraj Khatiwada yesterday unveiled a federal budget of Rs 1.475 trillion for fiscal 2020-21 at the joint session of the House of Representatives and National Assembly.

The pandemic has created a crisis in the entire region and sales of all types of vehicles have come to a standstill in Nepal. While automobile dealers had few expectations from the Budget, in general, the automobile sector has not been affected as the budget did not increase any tax on two-wheelers and four-wheelers in both petrol and diesel variants. 

However, electric vehicles (EV) have been affected and will now cost more.

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In Nepal, the government had earlier introduced policies to encourage EVs adoption. Unlike fossil fuel-powered four-wheelers, which incurred taxes of up to 261 percent, private EV four-wheelers were taxed only 23 percent (10 percent import tax and 13 percent VAT).

The new budget has now imposed customs duty on the price of electric cars like other vehicles and has also increased excise duty. The previous tariff rate of 10 percent has been increased to up to 40 percent and excise duty will also be levied on the basis of motor capacity. For vehicles up to 50 kW the excise duty is 30 percent, 50-100 kW is 40 percent, 100-150 kW is 50 percent, 150-200 kW is 60 percent, 200-300 Kw 70 percent, 300 and above is 80 percent.

electric vehicle tax in nepal 2020-2021

Let’s suppose the cost of an EV was Rs 130/- in Nepal prior to this budget, it will now cost Rs 216/-  for the same car, which is of  50 Kw after the budget speech, Rs 232.60 for the car, which is of 50-100 Kw, Rs 249.17 for the car, which is of  100-150 Kw, Rs 265.78 for the car, which is of 150-200 Kw, Rs 282.40 for the car, which is of  200-300 Kw and Rs 299/- for the car, which is above 300 Kw.

The price of an EV has now almost tripled due to the government's plan of 80 percent increase in customs and excise duties.

However, the budget has some concessions for entrepreneurs who want to install electric vehicle charging stations. It gave some concessions in the operation of electric vehicle charging stations and 50 percent discount on the price of night electricity.

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Nissan introduces the Ariya, a 100% electric crossover

3rd March 2021
"All-new EV delivers driving excitement, confidence, comfort and connectivity"

The Nissan Ariya, the company's first all-electric SUV, will be able to drive up to 600 Kilometers on a single charge and features a high-tech interior, with no buttons or knobs, according to the Nissan.

The vehicle was unveiled during an online event Wednesday.

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Nissan becomes one of the first major car companies to offer an all-electric car when it introduced the Leaf in 2010.

CEO Makoto Uchida and Chief Operating Officer Ashwani Gupta unveiled the Ariya to a global audience during a live-streamed event at the new Nissan Pavilion in Yokohama.

Nissan Ariya

“The Nissan Ariya is a truly beautiful and remarkable car,” Gupta said. “It enables you to go further, easier, and in comfort. The Ariya is designed to impress, and to express what Nissan strives for – making our customers’ lives better.”

The all-new Nissan Ariya is scheduled to go on sale in Japan in mid-2021. It will be priced at around 5 million yen. The Ariya is planned to go on sale in Europe, North America, and China by the end of 2021.

Nissan Ariya

Nissan Ariya Features

Powerful performance for a wide range of needs

The car’s all-electric drivetrain combines excellent power delivery, charging capabilities, and range. Customers can choose from multiple configurations to meet their individual needs. These include two-wheel-drive and e-4ORCE all-wheel-drive versions, as well as two different battery sizes.

Nissan Ariya interior

Advanced design and technology for stress-free driving

Drivers will feel more confident and less stressed thanks to the ProPILOT 2.0 advanced driver assistance system and the ProPILOT Remote Park and e-Pedal features. Also standard across the Ariya lineup is Nissan’s Safety Shield system. This includes Intelligent Around View Monitor, Intelligent Forward Collision Warning, Intelligent Emergency Braking, and Rear Automatic Emergency Braking technology.

Nissan Ariya interior seats

Spacious, flat-floor cabin

Nissan’s designers took advantage of the car’s new EV platform, which allows for a flat floor, and its compact climate control components to give the Ariya the most spacious cabin in its class. The lounge-like interior, featuring Zero Gravity seats, provides a welcoming and comfortable environment for drivers and passengers alike.

Nissan Ariya headlight

Nissan Ariya Japan-market specifications

Japan-market specifications Ariya (2WD) Ariya (AWD)
Battery capacity 65 kWh 90 kWh 65 kWh 90 kWh
*Battery capacity estimated; subject to homologation (nominal) (nominal) (nominal) (nominal)
  63 kWh 87 kWh 63 kWh 87 kWh
  (usable) (usable) (usable) (usable)
Output 160 kW 178 kW 250 kW 290 kW
Torque 300 Nm 300 Nm 560 Nm 600 Nm
Acceleration 7.5 sec. 7.6 sec. 5.4 sec. 5.1 sec.
(0-100 Km)
Top speed 160 km/h 160 km/h 200 km/h 200 km/h
Estimated range Up to 450 km Up to 610 km Up to 430 km Up to 580 km
*Estimation based on WLTC Japan cycle; subject to homologation
         
Length 4,595 mm
Width 1,850 mm
Height 1,655 mm
Weight 1,900 kg – 2,200 kg
(depending on model and equipment)
Wheelbase 2,775 mm
Luggage capacity 466 L (2WD) / 408 L (AWD)
Tire size 235/55R19
(front and rear) 255/45R20 (available as an option)

 

 

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Hyundai KONA Electric Hits 100,000 Global Sales Milestone

3rd March 2021
"KONA Electric, Hyundai Motor Company’s globally loved full electric compact SUV, has surpassed the 100,000 global sales milestone."

KONA Electric, Hyundai Motor Company’s globally loved full electric compact SUV, has surpassed the 100,000 global sales milestone. Cumulative sales of KONA Electric reached 103,719 units as of June 30—just over two years since its launch in March 2018. Sales outside of its home market Korea accounted for more than three quarters of the total.

KONA Electric has been widely lauded for its class-leading driving range, fast-charging capability, safety and convenience features.

hyundai kona electric

In April 2020, the inaugural TopGear Electric Awards named the model the Best Small Family Car, based on its performance during a 24-hour, 1,600-km European road trip. The same year, U.S. News & World Report named it the Best Electric Vehicle. In 2019, WardsAuto included KONA Electric on its 10 best engines list. In 2018, Auto Express named it the Affordable Electric Car of the Year. The EV also played a role in the KONA nameplate winning Spanish newspaper ABC’s Best Car of the Year award. It also won the 2019 North American Utility Vehicle of the Year.

Building on KONA Electric’s successful legacy, Hyundai Motor Company is focused on making zero-emissions mobility a reality, making it a significant part of its long-term strategy. By 2025, the company aims to sell 560,000 battery electric vehicles in addition to FCEV models.

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