KATHMANDU: As the government of Nepal seeks to transition to electric vehicles (EVs) by 2030, several participants of the Electric Vehicles Workshop hosted by USAID's Urja Nepal and its companion project, USAID's South Asia Regional Energy Hub (SAREH), emphasised the importance identifying a business model that catalyses investment at the local, regional, national, and supranational levels in this rapidly emerging segment.

This was the takeaway of the workshop that welcomed the participation of 35 public and private agencies from Nepal, as well as regional and international experts who showcased multiple business models in use around the world, as per a media release.

Urja Nepal and SAREH organised the workshop to accelerate the government's roll-out of EVs by improving the knowledge of Nepali stakeholders on global practices and policies, analysing costs and benefits, understanding multiple business model options for the deployment of EVs, standards for charging infrastructure, among others.

A version of this article appears in the print on July 23 2021, of The Himalayan Times.