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Small electric vehicle imports decline in Nepal

Demand for small electric vehicles in Nepal has slowed, with a single brand accounting for over half of all imports this year.

Published · Prices re-checked
The short answer
Rs 19 – 26 lakh
Across the 3 models this story prices, ex-showroom. Verified against distributor pricing on 02 Nov.
Rs 22,543
MG Comet · EMI from /mo
+15–20%
on-road, over ex-sh.
Small electric vehicle imports decline in Nepal
Image: Kaiyi e-Qute 02 EV — official image

The market for small, affordable electric vehicles in Nepal is losing momentum. Import data from January 1, 2026, to October 15, 2026, shows a total of 313 units imported across the segment.

Kaiyi leads the category with 171 units of the e-Qute 02 and e-Qute 04. These models represent 55 percent of the total small EV imports for the period.

Kaiyi e-Qute 02 EV
Image: Kaiyi e-Qute 02 EV — exterior

Other notable import figures include:

Regarding the MG Comet, it is currently available in Nepal with an ex-showroom price ranging from Rs 18.75 lakh to Rs 21.50 lakh. It sits below the brand's other offerings, such as the MG MG4, which starts at Rs 41.49 lakh, and the MG ZS EV, which starts at Rs 48.49 lakh.

Kaiyi e-Qute 02
Image: Kaiyi e-Qute 02 — another view

While the broader passenger vehicle market in Nepal has seen electric vehicles surpass a 75 percent share, this growth has not extended to the small EV segment. Several models that were previously present in the market recorded zero imports during 2026. The BAW Brumby and Jinpeng Lingbox EC01 are currently announced but are not yet on sale in Nepal.

Kaiyi e-Qute 04
Image: Kaiyi e-Qute 04 — official image

Small electric vehicles are currently failing to capture the same buyer interest as larger electric models in the country.

Price ladder
Ex-showroom, verified 02 Nov · live from the catalog, not typed into the article
ModelSegmentEx-showroom
MG Comet
SUVRs 19 – 22 lakh
Kaiyi e-Qute 02 EV
HatchbackRs 23 lakh
Kaiyi e-Qute 04 EV
HatchbackRs 26 lakh
BAW Brumbynot on sale yet1 variant—
Jinpeng Lingbox EC01not on sale yet2 variants—
Monthly EMI, 5 years at 7.5%
On ex-showroom, 40% down. Your dealer’s down payment and processing fee will change this.
MG Comet
Rs 22,543
per month · the entry point
Kaiyi e-Qute 02 EV
Rs 27,604
per month · +Rs 5,061 vs the cheapest
Kaiyi e-Qute 04 EV
Rs 31,211
per month · +Rs 8,668 vs the cheapest
Rs 8,668/month separates the cheapest from the dearest here.Run your own numbers →

Our own record on this

Price movements we logged
3 recorded since September 2026

Kaiyi e-Qute 02 EV: 1 · MG Comet: 2. Each is a dated change we applied to a published ex-showroom price after checking it. A logged change may be a distributor's revision or our own correction coming into line with the official figure — the log says which way each one moved, and when, not why.

See the full price-change log →
Prices checked against the distributor
AN
Editor, Nepal AutoMart

Writes on vehicle pricing, taxation and the Nepali auto market from ongoing tracking of distributor price lists. Every price in this piece is read live from the Nepal AutoMart catalog — how we verify prices.

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