IIDS Policy Brief On Re-evaluating Fiscal Incentives on Electric Vehicles

This policy brief examines the financial burden Nepal faces due to fiscal incentives for electric vehicles. It provides a detailed analysis that includes electricity demand and consumption, required infrastructure, assessments of carbon emissions and pollution, fuel savings estimates, battery replacement costs, and waste management challenges. Additionally, it compares Nepal’s EV incentives with those of other countries and evaluates the broader economic and societal impacts of extending duty privileges.