Nepal’s EV boom: A green leap or a digital trap?

The EV sector remains largely unregulated and susceptible to external control.

Nepal stands at a remarkable crossroads. Fueled by its vast hydropower resources (over 95 percent of the country’s installed electricity capacity of around 3,400 megawatts now comes from hydroelectric projects) and supported by progressive energy and import policies, the country is undergoing one of the fastest transitions to electric mobility in the world.