Majority of vehicles in Nepal are two-wheelers (motorbikes/scooters) or bicycles, as only 3% of households have a car and only 27% a two wheeler [0].
The motorbike market [1] tends to be Honda and Yamaha (manufactured in India) and Indian vendors like TVS and Bajaj, and this is where the most opportunity exists for Nepal.
A lot of the overproduction in Indian two wheeler EV industry is flowing into Nepal - especially TVS and Bajaj because of their factory complexes are barely 30 miles from the Nepal border, and connected to Nepal's NH1.
Majority of vehicles in Nepal are two-wheelers (motorbikes/scooters) or bicycles, as only 3% of households have a car and only 27% a two wheeler [0].
The motorbike market [1] tends to be Honda and Yamaha (manufactured in India) and Indian vendors like TVS and Bajaj, and this is where the most opportunity exists for Nepal.
A lot of the overproduction in Indian two wheeler EV industry is flowing into Nepal - especially TVS and Bajaj because of their factory complexes are barely 30 miles from the Nepal border, and connected to Nepal's NH1.
[0] - https://www.nepaldrives.com/only-3-1-nepalese-families-own-c...
[1] - https://www.statista.com/outlook/mmo/motorcycles/nepal
https://archive.md/xvHZA
I guess its mostly scooters? But Denmark, Sweden and Norway are also all above 80% and growing and here its mainly cars.
Not quite. Denmark just recently reached 64%. Don't know about Sweden.
https://thedriven.io/2025/02/20/denmark-lifts-ev-share-to-64...