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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.

Overview

  • 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.