Private Sector Led Electric Vehicles Uptake in Nepal

The initiative began in September 2021, with a focus on addressing Nepal's trade balance, managing surplus electricity, combating air pollution, and improving transport sector resiliency and energy security. The current status of electric vehicles in Nepal is characterized by ongoing initiatives, including policy interventions from various government ministries and provincial and local governments. Electric vehicle business models in Nepal context include charging infrastructure business models, such as charging point set-up by EV manufacturers, public-private partnership models, distribution utility as charging service providers, and commercial entity-operated charging stations. Usage-based business models, such as Sajha Yatayat's electric bus procurement and operation plan, and Sundar Yatayat's electric bus and micro-bus service, are also being implemented. These models aim to promote the adoption of electric vehicles in Nepal and address the country's energy security and environmental concerns. The initiative has identified several key areas for support, including the development of charging infrastructure, promotion of electric vehicle adoption, and creation of a favorable policy environment. The report recommends near- and long-term strategies to promote electric vehicle uptake in Nepal, including the development of a national electric vehicle policy, establishment of a charging infrastructure network, and promotion of electric vehicle adoption through incentives and awareness campaigns.