Cimex Addresses Misconceptions About BYD Electric Vehicle Imports
AI illustrationKey Takeaways
- Cimex Inc., the authorized BYD electric vehicle distributor in Nepal, clarified that imports of 1,121 BYD EVs were made to fulfill pre-booked customer orders and meet growing demand, complying with Nepal’s regulatory framework
- The company emphasized that all vehicles cleared customs before the new fiscal year budget announcement, with an additional 226 vehicles still in Chinese customs
- Cimex rejected allegations of receiving special privileges or unauthorized facilitation, stating import activities followed normal commercial requirements and legal provisions
- The company welcomed any lawful investigation and offered to provide all relevant documentation to verify the facts
- Cimex highlighted Nepal’s electric mobility sector’s role in reducing fuel imports and promoting sustainable transportation, urging fact-based reporting to maintain industry confidence
Cimex Inc., the authorized distributor of BYD electric vehicles (EVs) in Nepal, has issued a formal press statement addressing recent media and public concerns regarding the import and customs clearance of BYD EVs ahead of Nepal’s upcoming fiscal year 2083/84 budget announcement.
The company acknowledged discussions surrounding EV imports that entered Nepal before the new budget was presented. Cimex clarified that these imports were made to fulfill pre-booked customer orders and meet the rising demand for electric vehicles in the country. Shipments were strategically planned based on BYD’s production schedules, shipping availability, inventory needs, and logistical factors. All import decisions adhered to Nepal’s regulatory framework and were part of standard business operations.
Cimex further explained that while several vehicles had already completed customs clearance and entered Nepal, an additional 226 vehicles were still within the Chinese customs zone and had not yet undergone clearance at the time of the statement.
To support its position, the company shared customs data from the Korala and Rasuwa border points. According to the data, 649 BYD vehicles were imported and cleared through the Korala Customs checkpoint in Mustang, and 472 vehicles were cleared through Rasuwa Customs. In total, 1,121 units were processed through these two routes.
Cimex emphasized its commitment to legal compliance, transparency, and ethical business practices. The company stressed that all vehicles cleared before the budget announcement were imported in accordance with existing customs laws, regulations, and procedures. It strongly denied allegations of receiving special privileges, priority customs treatment, or unauthorized facilitation, calling such claims false and misleading.
Cimex also rejected assertions that it colluded with government agencies to avoid future tax revisions or gain improper financial benefits. The company maintained that its import activities were planned based on normal commercial requirements, inventory management, shipping schedules, and current legal provisions.
The company welcomed any lawful investigation into the matter and expressed its readiness to provide authorities with all relevant documentation, including import records, customs declarations, shipping documents, border entry records, payment details, and customs clearance approvals.
Cimex urged media organizations and stakeholders to verify information through official records and competent authorities before publishing reports that could cause public confusion or harm the reputation of businesses operating legally.
Additionally, Cimex highlighted the positive impact of Nepal’s growing electric mobility sector. The company pointed out that the sector plays a crucial role in reducing fuel imports, supporting environmental objectives, and promoting sustainable transportation. Cimex stressed the importance of fact-based reporting and responsible public discourse to maintain confidence in the industry.