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EV import not stopped even after border closure due to floods and landslides: Rs 6.5 billion in one month, Rs 16 billion in three months

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Kathmandu. The import of electric vehicles (EVs) has not stopped in Nepal even though major trade points with China have been affected by floods and landslides and incessant rains. Electric vehicles worth more than Rs 16 billion have entered Nepal in the last three months. Of this, EVs worth Rs 6.5 billion were imported in a month, according to the Department of Customs.

The Rasuwa border point of China is completely closed due to the floods in the Bhotekoshi and Trishuli areas of Rasuwa on August 26. Similarly, due to the incessant rains from September 22 to 29, most of the trade points including Korala of Mustang connected to China were obstructed. Meanwhile, EV imports have increased significantly.

Such goods worth Rs 16.06 billion have been imported in Nepal till mid-October of the current fiscal year. Only Rs 7.30 billion was imported till August.

The government has collected revenue of Rs 9.41 billion from EV imports in the first three months of the current fiscal year. The government had collected only Rs 4,50,23,23,91,000 from EV imports till August. The revenue of the government has also increased with imports, according to the Department of Customs.

According to the data of the Department of Customs, till the end of October of the current fiscal year, electric vehicles (EVs) have been imported from China, India, Thailand and the United States. According to the available data, the highest number of EVs have been imported from China, followed by India.TAG_OPEN_div_18

9,552 electric vehicles were imported from China during the three months. The total import value of these vehicles is Rs 11.65 billion.

Similarly, 3,162 EVs have been imported from India. The total import value of these vehicles is Rs 3,28,29,29,58,000.TAG_OPEN_div_14

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