Nepal's EV Surge Reduces Oil Imports and Pollution
Hydroelectric power drives electric vehicle adoption, cutting costs and improving air quality in the Himalayan nation.
- EV imports in Nepal have doubled annually over the past two years.
- Hydropower-generated electricity powers nearly all EVs in the country.
- The shift to EVs has saved Nepal $22 million annually in oil import costs.
- Government incentives include lower import duties on EVs compared to gas and diesel vehicles.
- The number of EV charging stations in Nepal is set to double within a year.