As rising oil prices and supply disruptions hit South Asia following the Iran war, Nepalese drivers are benefiting from the country’s rapid electric vehicle (EV) adoption.
Drivers like Gyanu Pattel, who switched from a diesel Tata Sumo to a 10-seater electric van, now pay $9 daily for electricity instead of $45 for diesel, helping him maintain profitability on long passenger routes between Birgunj and Kathmandu.
Nearly 75% of new cars sold in Nepal are electric, one of the highest adoption rates globally. Sales of electric motorbikes, three-wheelers, and minivans have also surged since 2020.
With plentiful hydropower but no domestic oil production, EVs provide a cost-effective alternative for the country, reducing dependence on imported fuel while offering long-term savings to drivers.
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