This country quietly became an electric haven with EVs now having 76% market shares
While most headlines focus on EV adoption in the US, Europe, and China, Nepal is quietly outpacing almost every country on Earth when it comes to electrifying its roads.
In the last year alone, 76% of new passenger vehicles and 50% of light commercial vehicles sold in Nepal were electric compared to a 20% global average.
How did we all miss Nepal’s electrification story?
TL;DR: The New York Times has released a fascinating new report that tells the little-known story of Nepal’s electrification. The country’s aggressive EV shift is the result of a perfect storm: abundant hydropower, smart import tax policy, growing infrastructure, and a wave of affordable EVs from China.
Cars powered by rivers, not oil
Nepal’s power grid is fed by rivers flowing from the Himalayas, making electricity clean and locally sourced. A 2015 fuel crisis with India prompted a national pivot to hydropower, helping to end the rolling blackouts that plagued the country for years. Now, electricity is abundant—and it makes more economic sense to use it for transport than to keep importing petroleum.
There are many countries in somewhat similar situations, but most of them have not embraced electric transport as much as Nepal.
To accelerate the transition, the government slashed import taxes for EVs to as low as 40% (vs. 180% for ICE vehicles). The result? A Hyundai electric SUV now costs less than its gas-powered counterpart.
Charging infrastructure is growing fast too: 62 public stations installed by the government, with hundreds more by businesses and homes. At current electricity rates, charging an EV costs roughly 15x less than refueling a gas car.
China dominates EV surge as dealers pivot
Chinese automakers like BYD are rapidly taking over the market. Originally a solar equipment distributor, Yamuna Shrestha became Nepal’s exclusive BYD dealer and now operates 18 dealerships. She expects to sell 4,000 vehicles in 2025.
“Consumers are getting Tesla-tier vehicles at half the price,” said one local Suzuki dealer, noting that Indian brands can’t keep up on cost or features. Dozens of Chinese brands are now competing in Nepal’s EV market, pushing the transition faster.
The electric transition created a lot of opportunities in the country’s relatively small automotive.
EVs work for everyday drivers in Nepal
EVs are already paying off for everyday Nepalese. Jit Bahadur Shahi, a retired police officer, purchased an electric minibus for approximately $33,000. Just 10 round trips a month between Kathmandu and his hometown cover the loan payments. He expects to own it outright in four years.
Still, challenges remain: charging infrastructure isn’t everywhere, but the government is investing in expansions to make sure the infrastructure grows with the rapidly growing EV fleet.
Political instability could slow things down.
While a success story, especially for a developing country, Nepal could find it difficult to reach near 100% EV sales in Norway amid some political instability.
Despite the momentum, policy backsliding could derail progress. Nepal has had three prime ministers in five years. This year, tariffs are creeping back up. Meanwhile, there’s no national plan yet for battery recycling or vehicle safety standards.
“If incentives disappear, the market could shift back to gas,” warned Rajan Babu Shrestha, Nepal’s Tata Motors distributor.
Public transit is the next step
While private EV adoption is booming, most of Nepal’s population relies on buses and motorbikes, which remain mostly fossil-fueled.
State-backed bus operator Sajha Yatayat runs 41 electric buses and plans to expand. China recently offered to donate 100 more, helping to build a clean transit backbone. However, experts say that at least 800 electric buses are needed to truly shift mobility in the Kathmandu Valley.
Scooters and two-wheelers also need to go electric, but adoption there lags behind neighboring India.
“We are trying to reduce fossil fuel vehicles in my town,” said Lalitpur mayor Chiri Babu Maharjan in the NYT story. “This is very difficult, but we must do something.”
Electrek’s Take
Nepal’s EV story is unique, but there are also many similarities with other markets, making it potentially replicable. By tapping into its clean energy, embracing Chinese EV supply, and creating the right incentives, the country has leapfrogged most markets in EV adoption.
Again, I understand that it is a fairly small market, but it’s still impressive that a few Chinese automakers can change the entire auto market of a country in less than 5 years.
From no EVs to almost only EVs in about 5 years.
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It’s Labor Day weekend, which means big deals on car lots across America – especially if you’re shopping for a new electric vehicle to help with your labor. We’ve rounded up the best offers on electric pickups, vans, and even a great option for ride share drivers!
Sure, there’s a bit of irony in pitching “work vehicles” on a holiday meant for not working – but for many small business owners, work is part of who they are. And with the $7,500 federal EV tax credit set to expire, plus a wave of great Labor Day deals on work-ready EVs, now might be the best time yet to plug into a new electric ride.
Here are some of the standout electric vehicles offers we found this Labor Day weekend (2025), organized by vehicle type.
Electric pickup | F-150 Lightning
The “Ford for America,” summer sales event continues through Labor Day with interest-free 0% financing, $0 down payment, and zero payments for up to 90 days for retail customers. Ford is also throwing in $0 maintenance for 24 months.
But wait, there’s more! Ford Authority is reporting that a complimentary home charger and standard installation might also be included as part of the Ford Power Promise promotion happening at participating dealers in select markets with the purchase of a new F-150 Lightning pickup through the end of September.
Lease customers aren’t being left out, either. You can lease a 2025 Ford F-150 Lightning XLT 4P 311A pickup at $399 per month for 36 months, with “just” $399 due at signing (basically your first month’s payment).
Electric van | Chevy Brightdrop
The best electric vehicle deal in the business keeps on truckin’ into Labor Day weekend, with new 2025 Brightdrop models currently eligible for up to $21,500 in manufacturer rebates before any Federal, state, local utility, or even Costco membership incentives kick in.
For your money, you get a capable, Ultium-based electric cargo van with more room than your college dorm and a nationwide dealer network to keep it up and running when you need it most.
Electric van (hon. mention) | Mercedes eSprinter
Despite being based on the company’s existing diesel platform, Mercedes’ eSprinter has proven itself a capable urban hauler in the hands of Amazon, DHL, and countless European tradespeople. Despite that, there are still a handful of leftover 2024 models hanging around dealer lots – enough that Mercedes is offering up to $30,000 (!) Customer Cash on any new ’24MY eSprinter purchased from dealer stock.
That discount is enough to bring the price of this 2024 eSprinter in Chicago from $87,823 all the way down to $57,823 this Labor Day weekend – and that’s before you factor in state and local utility incentives that can bring the price down even further.
As you can imagine, there’s some fine print on that Customer Cash deal. It can’t be combined with Special APR programs through Mercedes-Benz Financial Services (MBFS), but it can be combined with the Mercedes-Benz Commercial Vehicles Medium Fleet Program.
Ride share ride | VW ID.4
Ride share drivers looking for comfortable seats, room for five adults and their luggage, proven battery life, and lickety-quick charging speeds can stop looking. Volkswagen is offering a sweet ID.4 lease at nearly half the cost of an entry-level Jetta with payments starting at just $129/mo. – that’s despite the ID.4 carrying a significantly higher MSRP.
And, while we’re at it, it’s probably worth noting that serious road warriors will probably save more than $129/mo. in fuel alone.
If you prefer to own your vehicles after making payments on them for a few years, you can also get 0% interest financing on select ID.4s for up to 72 months. It’s important to note here that Volkswagen’s deals can vary wildly by region. That $129/mo. offer is available in California and a few other West Coast states, for example, but the electric crossover’s listed at $329 for 24 months with $4,499 due at signing in others.
Disclaimer: the vehicle models and financing deals above were sourced from CarsDirect, CarEdge, and (where mentioned) the OEM websites – and were current as of 29AUG2025. These deals may not be available in every market, with every discount, or for every buyer (the standard “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.
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Sustainable construction experts McKinstry have teamed up with leading BESS developers Viridi and the Denver Public Library to deploy a first-of-its-kind solar and battery storage system that sets a new standard for fire safety.
The Denver Public Library sought a battery energy storage system (BESS) that could deliver cost savings without compromising safety for staff, visitors, or the architecturally significant, Michael Graves–designed structure itself. That required a battery backup solution that not only met the city’s fire safety standards, but also addressed public fears about the risk of lithium-ion battery fires.
That unique set of project priorities led the library to Viridi, makers of the RPSLinkEX battery solution that’s equipped with a unique, “passive Fail-Safe thermal management and anti-propagation technology” designed to prevent the sort of thermal runaway that leads to li-ion battery fires.
“Public facilities like the Denver Public Library are at the forefront of demonstrating that energy resilience and safety can go hand in hand,” said Jon M. Williams, CEO at Viridi. “This installation highlights how fail-safe battery storage can empower communities to maximize renewable energy, reduce costs, and maintain reliability – all without compromise.”
Keeping it safe
Viridi doesn’t talk too much about how its passive Fail-Safe thermal management system works, but if you’re picturing heat-dissipating layers, fire-resistant insulation, and strategically-placed phase change materials (or PCMs) limiting the transfer of heat from one cell to another if it begins to overheat, you’ve probably cracked it.
These passive safety features enable safer deployment scenarios in occupied buildings or near critical infrastructure by reducing dependence on active fire suppression systems like sprinklers or fire extinguishers, and convinced the City of Denver to move forward with the project, which is the city’s first-ever solar + battery storage system.
“The entire McKinstry team is very excited about developing and constructing the first Solar + BESS project for the City and County of Denver,” said Jon Ensley, Sr. Construction Project Engineer at McKinstry. “We are appreciative of all our partners and stakeholders who helped to achieve this goal. We value Viridi’s expertise in deploying this technology and the whole team has been great to work with.”
McKinstry says this latest solar project sets, “a new benchmark for how cities can combine renewable energy and battery storage without compromising safety.” And, with solutions like the RPSLinkEX building systems that meet city planners and politicians where they are, instead of trying to educated them about the objective, proven safety of li-ion batteries, Viridi is helping communities adopt cleaner, more resilient clean energy solutions sooner rather than later.
READ MORE
SOURCE | IMAGES: Viridi, via PV Magazine; Michael Graves.
If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
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China’s Dongfang Electric has installed a 26-megawatt offshore wind turbine, snatching the title of world’s most powerful from Siemens Gamesa’s 21.5 turbine in Denmark.
The Chinese state-owned manufacturer announced today that it has installed the world’s most powerful wind turbine prototype at a testing and certification base. This turbine, the world’s largest for capacity and size, boasts a blade wheel diameter of more than 310 meters (1,107 feet) and a hub height of 185 meters (607 feet). Dongfang shipped the turbine’s nacelle earlier this month – the world’s heaviest – along with three blades.
This offshore wind turbine is designed for areas with wind speeds of 8 meters per second and above. With average winds of 10 meters per second, just one of these giants can generate 100 GWh of power annually, which is enough to power 55,000 homes. That’s enough to cut standard coal consumption by 30,000 tons and reduce CO2 emissions by 80,000 tons. Dongfang says it’s wind resistant up to 17 (200 km/h) on the extended Beaufort scale.
In May, Dongfang said it had completed static load testing on the turbine’s blades, and the turbine is now undergoing fatigue testing, which could take up to a year before the turbine is fully certified.
Read more: Trump just killed all offshore wind zones as US power needs surge
The 30% federal solar tax credit is ending this year. If you’ve ever considered going solar, now’s the time to act. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.
FTC: We use income earning auto affiliate links. More.
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