Electric Vehicle

CARS, Electric Vehicle

EV market in Nepal skyrockets to 30% while global average reaches 10%: Electric vehicles continue to gain popularity worldwide

Electric vehicles (EVs) have seen a surge in popularity in Nepal, with 30% of the market share in 2022, compared to the global average of 10%. This growth is attributed to manufacturers shifting their focus away from petroleum-based vehicles and towards EVs. In 2021, the global market share of EVs was 8.3%, but by 2022, …...

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