Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years
Electric Vehicles India
MAY 31, 2021
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. But due to Khatiwada’s move spiked prices of electric vehicles by 120-140% which made them out of the market and less competitive when compared to the ICE vehicles.
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