China Tightens Grip on Nepal’s EV Market as India Falls Behind

Chinese automakers are cementing their dominance in Nepal’s fast-growing electric vehicle (EV) market, outpacing Indian rivals by a wide margin. According to the Department of Customs, Nepal imported 16,701 EVs worth Rs41.23 billion in fiscal year 2024-25, making up 73 percent of all four-wheeled passenger vehicle imports. Of these, 13,338 units were Chinese, while Indian…