EVs to Dominate NADA Auto Show 2026: Pankaj Agarwal, Treasurer of NADA Automobiles Association of Nepal

Pankaj Agarwal, Treasurer of the Nada Automobiles Association of Nepal (NADA) and a prominent businessman, has claimed that the market for electric vehicles (EVs) in Nepal has successfully established itself within the last three to four years.

Speaking to Nepal News Bank, Agarwal stated that due to this rapid success, the majority of new four-wheelers and two-wheelers to be unveiled at the upcoming NADA Auto Show will be electric. He noted that EVs have now moved past the testing phase and are firmly established in the mainstream market.

“Looking at the data of the past three to four years, EVs have already become successful in Nepal. Therefore, most of the new four-wheelers and two-wheelers arriving will be electric,” said Agarwal.

He added that the Nepalese government’s priority policies supporting EVs have provided additional momentum to market expansion. The growth of EVs is directly tied to the national objective of reducing dependence on imported petroleum and increasing the utilization of domestically produced electricity.

“Our country’s fuel is electricity. The rise in electric vehicles increases domestic electricity consumption while reducing reliance on imported fuel,” he remarked.

Key Highlights from the Interview

Focus on New Technologies: The NADA Auto Show—commencing on Bhadra 9—places special emphasis on next-generation vehicles, with many companies saving their official model reveals specifically for the exhibition.

New Product Launches: Approximately 40 to 50 new product launches are expected this year, the vast majority being electric-powered technologies.

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Charging Infrastructure Growth: Agarwal credited the swift nationwide expansion of charging stations for boosting consumer confidence and directly driving sales, overcoming initial market skepticism.

Diverse Exhibitions: Alongside EVs, the event will showcase locally manufactured auto components, tires, batteries, lubricants, and domestically assembled two-wheelers.

Single Roof Experience: Bringing together national and international brands, passenger cars, commercial vehicles, financial institutions, and insurance companies under one roof.

Policy and Industry Outlook

While celebrating the booming EV ecosystem, Agarwal emphasized the necessity of quality road infrastructure and stable government policies moving forward. He stressed that long-term policy stability is vital for attracting continuous investments into the Nepalese automobile sector.

Beyond vehicle displays, the 50-year legacy of the NADA-organized exhibition aims to provide visitors with comprehensive technical insights, vehicle comparisons, and pre-purchase consultations.

Enhanced by special discounts, bumper offers, and attractive financing schemes from participating banks, consumers will find it easier to select budget-friendly mobility options.

Reiterating the organization’s integrity, Agarwal concluded that NADA manages its auto show expenditures independently through stall fees while maintaining strict financial transparency and fulfilling regional social responsibilities across its provincial network.