Electric vehicles (EVs) have been identified as a merging point for prospective investors and financial institutions. This comes as the world proceeds toward green transport. With the growing wave of EVs in the country, it is a must to get a grasp of their prices and the types of finances available. These are partly executed by the Global IME Bank.
Understanding the Electric Vehicle Market
The electric vehicle market is rapidly evolving. It has moved from an early stage to one where many companies produce advanced car models at competitive prices. In 2025, leading companies like Mahindra, Hyundai, BYD, and Tata will launch several electric vehicles. These models will cater to the diverse needs of consumers. The intense price competition is expected to lower costs. This will make EVs more affordable for everyone. Models like the Tata Tiago EV and MG ZS EV are expected to dominate the Nepalese market with their competitive pricing.
Popular EV Models and Prices
Electric vehicles are available in a wide range of models, catering to diverse preferences and budgets. Below is a list of popular EV models along with their current prices to help you make an informed decision.
| Models | Price |
| Mahindra BE 6e | रू Rs. 20.03 – 28.59 Lakh |
| Mahindra XEV 9e | रू Rs. 23.17 – 32.49 Lakh |
| Creta Electric | Rs. 19.08 – 24.84 Lakh |
| Tata Tiago EV | Rs. 27.49 Lakhs to Rs. 29.99 Lakhs |
| BYD Dolphin | Rs. 4,115,000 |
| BYD Atto 3 | Rs. 5,690,000 (Advanced) / Rs. 6,780,000 (Superior) |
| BYD M6 | Rs. 5,890,000 |
| BYD e6 | Rs. 5,900,000 |
| BYD Seal | Rs. 11,000,000 (Dynamic) / Rs. 14,550,000 (Premium) / Rs. 19,500,000 (Performance) |
| Nammi EV | Price varies based on configuration |
| MG ZS EV | Competitive pricing starting from Rs. 5,000,000 |
| MG 4 EV | Expected pricing from Rs. 6,000,000 |
Note: These prices reflect the ex-showroom costs and may vary based on location and dealership offers. Prices and specifications are current as of January 2025 and subject to change.
Why Choose an Electric Vehicle?
Electric vehicles are transforming the way we think about transportation, offering a sustainable and innovative alternative to traditional vehicles. Here are some compelling reasons to consider switching to an EV for your next ride.
Reduction of Environmental Impacts
Emission-free EVs can cut greenhouse gas production and improve urban air quality.
Cost Savings
Though EVs may have a higher upfront cost, the long-term savings on fuel and maintenance are significant. This is evident in models like the Tata EV lineup, which includes the Tata Tiago EV and Tata Nexon EV.
Incentive Programs
Many governments, including Nepal, offer tax benefits and subsidies for EV purchases. Models like the Nammi EV and MG 4 EV qualify for these incentives.
Financial Advantages
The affordability of models such as the MG ZS EV, Tata Punch EV, and Tata Nexon EV Max is enhanced by incentives and low operational costs.
Financing Your Electric Vehicle with Global IME Bank
Global IME Bank has launched new vehicle loan products to cater to the growing demand for EVs. These loans are designed to help customers transition to sustainable transportation with ease.
Exclusive Financial Benefits
- Free Credit Card Issuance: For the first year.
- Complimentary Mobile/Internet Banking: Free for the first year.
- Nationwide Presence: Branches in all 77 districts.
- Financing Coverage: Up to 80% of the EV price.
- Competitive Interest Rates: 8.49% for loans exceeding 5 years. And 8.25% for loans up to 5 years.
Loan Features
- Competitive Interest Rates: Affordable rates help customers finance EVs such as the MG Comet EV, Nexon EV Max, and Seres 3 EV.
- Flexible Repayment Options: Tailored to suit the financial needs of borrowers.
- Quick Approval Process: Simplified and transparent for faster access to EV loans.
- Expert Guidance: Professional teams guide applicants through every step.
How to Apply for a Auto Loan
Applying for a vehicle loan from Global IME Bank is a straightforward process designed to make owning your dream EV hassle-free. Follow these simple steps to get started with your loan application.
Eligibility Check
Ensure you meet the criteria set by Global IME Bank.
Documentation
Prepare identification proof, income proof, and vehicle details.
Loan Application
Complete the auto loan application form available at Global IME Bank branches or online.
Approval and Disbursement
Upon approval, the loan amount will be disbursed directly to the vehicle dealer.
Conclusion
Electric vehicles are becoming a common sight on Nepalese roads. As buyers explore options like the Tata Nexon EV, MG4 EV, and Tata Tigor EV, understanding pricing and financing is crucial. Global IME Bank is committed to environmental sustainability and provides customers with easy financing options to support their switch to greener transportation.
With attractive pricing for models such as the Tata Tiago EV and BYD Dolphin, coupled with flexible financing options, owning an electric car is now within reach for many. Take the first step toward a sustainable future by visiting Global IME Bank to explore your EV loan options today.
Call to Action
Transform Your Mobility Today!
- Visit Global IME Bank branches.
- Explore EV loan options.
- Start your sustainable transportation journey with popular models like the Citroen C3 EV, Neta EV, or EV Vans available in Nepal.
