Just when the automotive future looked all-electric, the Nepal Government pull the plug on sales of electric vehicles in Nepal. They increased the tax from a mere 24% to over 150% and also removed electric vehicle incentives. Earlier, electric automotive buyers were exempt from paying road tax.
However, after buying good-bye to the now ex-Finance minister, Mr. Khatiwoda, there’s a new ray of hope when it comes to sales of electric vehicles. After him leaving the office, the electric vehicle situation has already improved. The tax rate is down(although not as low as it was before the tax hike) and electric vehicles are a lot more affordable now.
With this change, MG Nepal has relaunched the MG ZS EV in Nepal. The company had previously priced this fully-electric SUV for Rs. 49.99 lakh. With the new revision in taxes, the price is up by Rs. 10 lakh. So, the new price of the MG ZS EV is Rs. 59.99 lakh. It’s also worth noting that the company is not giving a fast home charger with the new purchase. Previously 7KW fast home charger was provided with the ZS EV.
The MG ZS EV has a 44.5kWh Li-ion battery with a claimed range of 428KM. The electric motor churns out 147 BHP and 350Nm of torque. In addition to that safety features such as 6-Airbags, ABS, and EBD are standard on this SUV.
MG was quick to respond to the cut in a tax hike. It will be interesting to see if Hyundai will reintroduce the Hyundai Kona electric once again to Nepal.