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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. . Nepal aims to phase out petrol-diesel vehicles with electric vehicles by 2031. Also read related article: Union Minister announces Vehicle Scrappage Policy . The government has set the growth of 6.5 per cent for the next fiscal year.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

We would recommend signalling a phase-out date for new petrol vehicles between 2030 and 2032, and confirming that in law in 2024/2025. On the demand side, an ICE phase-out is easy to communicate to consumers, which will increase the perception that petrol-powered vehicles are becoming socially unacceptable. Scrappage schemes .