iCaur V23 Price Hiked in Nepal, Now Priced at Rs 50.99 Lakh
The iCaur V23 has received another price revision in the Nepali market and is now priced at Rs 50.99 lakh, up from its earlier standard price of Rs 49.99 lakh.
The model was initially introduced at a limited introductory price of Rs 47.99 lakh in December 2025 before moving to its official pricing earlier this year.
The revision reflects Nepal’s import-dependent EV market, where rising US dollar rates against the Nepalese rupee have increased CBU import costs. Since most expenses are dollar-denominated, distributors are adjusting retail prices to offset higher landed costs rather than changes in the vehicle.
Despite the price revision, the iCaur V23 remains mechanically unchanged and continues to be positioned as a compact electric SUV in Nepal’s growing EV segment.
It is offered in a rear-wheel-drive (RWD) configuration powered by a single electric motor producing 100 kW (134 hp) and 180 Nm of torque, balancing daily usability with light off-road capability.
The SUV is equipped with a 59.93 kWh lithium iron phosphate (LFP) battery supplied by CATL, delivering a CLTC-certified range of up to 401 km on a single charge. It also supports DC fast charging of up to 85 kW, improving practicality for longer journeys.
