NEPAL AUTOMART
iCAUR V23 EV
Rs 53.99 lakh
On-road price →

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iCAUR V23 EV in Nepal1 / 7 · hover to zoom
Official distributor: SPG Automobiles Pvt. Ltd.
⚡ ev🔜 New V23 EV coming — expected at NAIMA Expo · see estimate ↓

iCAUR V23 EV Price in Nepal

Rs 53.99 lakh
ex-showroom · 1 variant
Variants
1
Fuel
ev
TIMING

A new iCAUR V23 EV is coming (announced at NAIMA Expo)

Expected in Nepal: at NAIMA Expo · announcement

ON SALE NOW
iCAUR V23 EV (current)
Rs 53.99 lakh
Distributor-confirmed price · buy today
vs
ESTIMATE
EXPECTED AT NAIMA EXPO
iCAUR V23 EV announced at NAIMA Expo
Not announced
Nepal pricing has not been announced yet
OUR READ

Nothing about the incoming car’s Nepal price is confirmed yet, so the only firm number on this page is the current car’s. Waiting is a bet on an unannounced price.

The prices and specifications elsewhere on this page are for the current iCAUR V23 EV, which remains on sale until the new model arrives.

About the iCAUR V23 EV

The iCAUR V23 EV arrives in Nepal as a distinctive, boxy compact electric SUV that targets buyers who want proper ground clearance, serious everyday practicality and a modern EV powertrain without going into luxury-brand territory. With a rear-wheel-drive setup, a sizeable CATL LFP battery and a feature-loaded top V23 RWD variant priced at Rs 53,99,000 ex-showroom, it aims to sit between mainstream compact crossovers and more expensive international EVs in the Nepali market.

Editorial overview compiled from official specs and Nepali/Indian auto sources · as of 04 Aug 2026.

Design & styling

The iCAUR V23 stands out immediately with its upright, retro-inspired boxy silhouette, squared-off wheel arches and side steps that give it a purposeful SUV stance well suited to Nepal’s rougher roads. The top V23 RWD variant sold here pairs this off-road-flavoured exterior with generous 210 mm ground clearance and chunky 255/55 R19 tubeless tyres, helping it look and feel more capable than many city-centric EV crossovers. Compact dimensions of around 4.22 m in length and 1.915 m in width keep it manageable in narrow urban streets while the 2,735 mm wheelbase contributes to a planted visual stance and good interior space. Overall, the styling will appeal to buyers who want an EV that looks like a proper SUV rather than a soft, hatchback-derived electric car.

Performance & drivetrain

In Nepal, the current iCAUR V23 is offered in a rear-wheel-drive configuration using a single permanent magnet synchronous motor on the rear axle, producing 100 kW of power and 180 Nm of torque in the V23 RWD. That output, combined with an automatic single-speed transmission and a claimed top speed of about 140 km/h, positions it as brisk enough for highway runs while remaining easy to drive in stop-go city traffic. A 59.93 kWh CATL lithium iron phosphate battery underpins the drivetrain, with a CLTC-certified range of roughly 400–401 km per charge; in Nepal’s mixed conditions, buyers can realistically expect a lower real-world figure but still enough for daily commutes plus occasional out-of-valley trips without frequent charging. Fast charging capability (around 85 kW DC, roughly 30–36 minutes for about 30–80% or 20–80%) and 7.2 kW AC charging (around 8–8.8 hours for a full charge) mean owners can use both public DC chargers on highways and overnight home or office AC setups to keep the battery topped up.

Interior, features & practicality

Inside, the top V23 RWD variant focuses on tech and space, with a large central touchscreen of about 15.4 inches powered by a Snapdragon 8155 chip, giving it a modern user interface that tech-savvy Nepali buyers will appreciate. The cabin is configured as a five-seater in Nepal, and the long wheelbase helps provide generous legroom, while practical details like under-seat storage compartments, a 90-litre under-floor trunk and a boot that can expand to around 744 litres with the rear seats folded make it suitable for family use, office runs and occasional road trips. Top-variant-only highlights include electrically adjustable and ventilated front seats, automatic parking functions, a multi-speaker audio system and Level 2 ADAS features such as advanced driver assistance and a 360-degree camera, all of which are more commonly seen in pricier EVs. Safety kit on the V23 RWD includes multiple airbags, ABS, vehicle stability control and the aforementioned ADAS suite, while the high ground clearance and front McPherson strut plus rear multi-link suspension should help the vehicle cope comfortably with broken surfaces, speed bumps and rural tracks that are common around Nepal’s cities.

Ownership in Nepal — price positioning, running cost & who it suits

As per the current live catalog, the iCAUR V23 RWD top variant is priced at Rs 53,99,000 ex-showroom in Nepal, placing it above smaller entry-level EV hatchbacks and crossovers but below premium imported electric SUVs from global luxury brands. This price bracket makes the V23 RWD a natural competitor to mid-range electric crossovers and compact SUVs from brands like BYD and MG that are popular in Nepal, especially for buyers who want more ground clearance and off-road visual appeal than typical city EVs offer. Thanks to the LFP battery’s reputation for longevity and stability, plus relatively low per-unit electricity costs compared with petrol or diesel, running costs are expected to be significantly lower than similarly sized internal-combustion SUVs, particularly for owners who charge at home or office during off-peak hours. The V23 EV will suit family buyers and professionals who frequently drive in and around Kathmandu, Pokhara, Butwal or other urban centres, yet occasionally head towards hill districts where the high ground clearance, rear-wheel drive layout and practical cargo space offer clear advantages over low-slung EVs.

Verdict

For Nepali car buyers, the iCAUR V23 EV in V23 RWD form offers a rare combination: a boxy, SUV-like body with serious ground clearance, a modern and reasonably efficient EV powertrain, and a cabin loaded with tech and comfort features typically reserved for higher-priced electric models. It is not the cheapest EV on sale, but the balance of space, features such as ventilated seats, ADAS and a large touchscreen, plus the long claimed range from its LFP battery, make the price more compelling for those who value a well-rounded package over bare-minimum electrification. Buyers who mainly drive within cities and occasionally venture out to rougher roads are likely to find the V23’s RWD configuration, suspension tuning and charging flexibility aligned with real-world Nepali usage, while its distinctive styling helps it stand out in an increasingly crowded EV landscape. Ultimately, the iCAUR V23 EV is best viewed as a feature-rich compact electric SUV for customers ready to step beyond entry-level EVs but not yet willing to pay luxury-brand prices, especially if they value practicality and road presence as much as pure efficiency.

Variant-wise price list

Every iCAUR V23 EV trim on sale in Nepal, at ex-showroom prices.

VariantEx-showroom price
RWDरु 53,99,000

Ex-showroom prices researched from official SPG Automobiles Pvt. Ltd. sources.

Variant-wise specifications are being researched — check back soon.Compare with rivals →

What it actually costs

Pick a variant and a province — ex-showroom, tax, insurance and EMI all update together.

VARIANT

Ex-showroom prices as published by SPG Automobiles Pvt. Ltd. Road tax follows the selected province's schedule; third-party insurance follows the fixed NIA motor tariff.

ON-ROAD, BAGMATI (KATHMANDU, LALITPUR, BHAKTAPUR…)
Ex-showroom (RWD)रु 53,99,000
First-year road tax (51 – 125 kW)रु 15,500
Third-party insurance (Above 50 kW)रु 8,485
Estimated on-roadरु 54,22,985
EMI FROM
~रु 64,911/mo
40% down · 60 mo · indicative 7.5% p.a.
COMPREHENSIVE
~रु 53,856/yr
per year, before no-claim discount

Engine/motor size isn't officially disclosed for this variant, so this uses a typical 60 kW figure for the band. Non-Bagmati province rates are single-source/indicative. Third-party cover is compulsory and priced at the fixed NIA tariff — identical at every insurer. Bank lending rates vary (Asar 2083 (June/July 2026)).

Or open the tax calculator for the full provincial schedule.

What Nepali buyers & owners are saying — iCAUR V23 EV

Compiled from Reddit, Quora, YouTube comments, Nepali auto groups and forums.

SENTIMENT
mixed
51 / 100 · high volume
WHAT BUYERS CARE ABOUT
PriceOff-road capabilityAudio qualitySpace and featuresVehicle range per chargeGround clearance for rough roadsAvailability of service centersResale value
WHAT PEOPLE LIKE
Good aesthetics
Good ground clearance
Stunning design
Distinctive retro-inspired design
Competitive range of approximately 400 km
Adequate ground clearance for Nepalese roads
COMMON COMPLAINTS
High price above 44 lakhs
Lack of AWD option
Poor audio system and headlights
Limited boot space
No spare wheel
Limited availability of service centers
Concerns about spare parts availability
Price increases over time
🇳🇵 NEPAL-SPECIFIC TALK — PRICE, SERVICE, RESALE, ROADS
  • Initial price of Rs 47.99 lakh in December 2025, increased to Rs 53.99 lakh by June 2026
  • Ground clearance of 210 mm suitable for Nepal's varied terrain
  • Limited service network may affect maintenance convenience

The car is stunning but it needs to be priced below 44lakhs to counter Nammi vigo top spec.

Who can buy an off road car that has got no spare wheel? I can't do that mistake

The worst draw back for icar v23 is Audio system and headlight during night.

Looks ta 2010 ra 2022 range rover defender ko mix jastaii dekhira cha.. not like a land cruiser..

Driving seat ko movement ko barema kehi pani bhannu bhayena

The V23's design is eye-catching, but I'm worried about where to service it outside Kathmandu.

Forum

AI-compiled from publicly available online discussion (YouTube review comments, forums and Q&A sites) · confidence: medium · as of 02 Aug 2026. Quotes are paraphrased summaries of common opinions, not verbatim. Sources: youtube.com, youtube.com, youtube.com, youtube.com, nepaldrives.com, techlekh.com

What reviewers & owners say

Distilled from Nepali, Indian and regional auto-portal reviews and owner opinions.

✓ STRENGTHS
Comfortable ride quality and quiet cabin, feels refined for price (nepaldrives.com)
Smooth, linear acceleration with enough power for city and highway use (nepaldrives.com)
Real‑world range around 300–320 km seen as adequate for Nepali daily use (nepaldrives.com)
Retro‑cute exterior design and modern interior appeal to younger urban buyers (nepaldrives.com)
Good feature list for the segment, including driver aids and infotainment (nepaldrives.com)
✗ WEAKNESSES
Recent price hike makes it less value‑for‑money versus rivals like Neta X (nepaldrives.com)
Imported EV and new brand raise concerns about long‑term resale value (nepaldrives.com)
Charging infrastructure in Nepal still limits full benefit of its long range (nepaldrives.com)

Owner and reviewer opinions from the last 3 months · as of 05 Aug 2026. Sources: nepaldrives.com, nepaldrives.com

Owner & customer reviews — iCAUR V23 EV

No customer reviews yet. Owned or driven the iCAUR V23 EV? Be the first to review it.

Where to buy it

Every outlet below is an authorised iCAUR dealer. We show what we can verify — an outlet with no published number is listed separately rather than shown as a dead card.

OFFICIAL DISTRIBUTOR
SPG Automobiles Pvt. Ltd.
Authorised iCAUR distributor for Nepal
58
OUTLETS
24
CITIES
FILTER BY CITY
Next Zen Auto Pvt. Ltd.
BANEPA · SALES
Sales
Next Zen Auto Pvt. Ltd., Tindobato, Banepa, Kavrepalanchok
iCAUR Showroom — Ridhi EV Charging Station
BARDIBAS · SALES
Sales
Ridhi EV Charging Station, Yatayat Karyalaya, Bardibas
iCAUR Showroom — Bhairahawa
BHAIRAHAWA · SALES
Sales
Bhairahawa
Pioneer Moto Corp Pvt. Ltd.
BHAIRAHAWA · SALES
Sales
Pioneer Moto Corp Pvt. Ltd.
iCAUR Showroom — Suryabinayek-05
BHAKTAPUR · SALES
Sales
Suryabinayek-05
Drive Moto Pvt. Ltd.
BHAKTAPUR · SALES
Sales
Drive Moto Pvt. Ltd., Gatthaghar (Sallaghari)
ALSO LISTED IN NEPAL — CONTACT NOT PUBLISHED (14)
iCAUR Showroom — Morang · Biratnagar, Morang, NepalSales
Omoda & Jaecoo / iCaur Showroom · Omoda & Jaecoo / iCaur Showroom, Biratnagar, Morang, NepalSales
iCAUR Showroom — Parsa · Birgunj, Parsa, NepalSales
iCAUR Showroom — Birtamod · Birtamod, Jhapa, NepalSales
Omoda & Jaecoo / iCaur Showroom · Omoda & Jaecoo / iCaur Showroom, Birtamode, Jhapa, NepalSales
iCAUR Showroom — Rupandehi · Butwal, Rupandehi, NepalSales
iCAUR Showroom — Kailali · Dhangadhi, Kailali, NepalSales
iCAUR Showroom — Tinkune · Tinkune, KathmanduDealer
iCAUR Nepal Showroom · iCAUR Nepal Showroom, Kathmandu, Bagmati Province, NepalDealer
iCAUR Showroom — Banke · Nepalgunj, Banke, NepalSales
iCaur Car Showroom · iCaur Car Showroom, Nepalgunj, Banke, NepalSales
iCAUR Showroom — Surkhet Road · Surkhet Road, Nepalgunj, NepalSales
iCaur Showroom · iCaur Showroom, Surkhet, NepalSales
iCAUR Showroom — Birendranagar · Birendranagar, Surkhet, NepalSales

No number published by the distributor. Call the nearest outlet above and ask them to route you.

Showing the 6 most contactable outlets of 44 in Nepalsee all iCAUR outlets →

Frequently asked questions

As of August 2026, the iCAUR V23 EV costs Rs 53.99 lakh (ex-showroom) in Nepal across 1 variant.
SPG Automobiles Pvt. Ltd. is the authorized distributor of iCAUR cars in Nepal.
iCAUR has authorized showrooms in Banepa, Bardibas, Bhairahawa, Bhaktapur, Bharatpur, Biratnagar, Birgunj, Birtamode and more cities. Showroom addresses and phone numbers are listed on this page.
Comments suggest it should be priced below 44 lakhs to stay competitive in Nepal.
No, the iCAUR V23 does not have AWD, and many commenters are disappointed by this.
The claimed range is 401 km, based on CLTC, not WLTP.
As of June 2026, the iCaur V23 is priced at Rs 53.99 lakh in Nepal.
Yes, the iCaur V23 is an all-electric SUV.
With banks financing up to 60% of the price (NRB cap) at an indicative 7.5% p.a. over 60 months, the iCAUR V23 EV base variant (Rs 53.99 lakh) works out to roughly रु 64,911 per month after a 40% down payment. Actual rates vary by bank (Asar 2083 (June/July 2026)).

Reviewed by Ajit Narayan Singh, Editor · prices compiled from official brand and distributor sources · how we verify