Budget Impact: BYD To Introduce The Atto 3 In Three Variants; Price To Start From Rs 55.99 Lakh

Cimex Inc, the sole authorised distributor for BYD Auto in Nepal, has announced the pricing of the Atto 3 100 kW electric SUV advanced variant (49.92 kWh battery option) along with the revised pricing of the Atto 3 100 kW superior variant (60.48 kWh battery pack). The Atto 3 will now start at Rs 55.99 Lakh for the advanced variant and Rs 65.88 Lakh for the superior variant.Equipped with the ultra-safe Blade Battery and the born EV platform (e-Platform 3.0), BYD Atto 3 features fast charging from 0% to 80% in 50 mins, a range of 350 km according to WLTP tests. The Atto 3 also features 7 airbags, a panoramic sunroof, a 12.8-inch (32.5cm) adaptive rotating screen, a 360-degree holographic transparent imaging system, an NFC card key, and a Vehicle to Load (VTOL) mobile power station, making this car an extremely competitive EV offering.The Atto 3 also boasts features such as mobile phone wireless charging, a one-touch electric control tailgate, an 8-speaker DIRAC audio system, electric seat adjustment, voice control, LED headlamps, LED rear lights, multi-colour gradient ambient lighting that responds to music rhythm, PM 2.5 air filter, etc.The company has also revised the pricing of the Atto 3 150 kW variant owing to a revision in the budget. The 150 kW variant will now be priced at Rs 81.99 Lakh. The Atto 3 150 kW was earlier priced at Rs 89.90 Lakh.Through the new budget, the government has added a 10 percent excise duty and 15 percent customs duty on EVs between 50 to 100 kW. Earlier, this segment attracted 10 percent customs only. Similarly, for EVs between 100 to 200 kW, the government has decreased the excise duty and customs duty to 20 percent each. EVs between 100 and 200 kW attracted 30 percent excise and 30 percent customs earlier.The current hot favorite in the Nepalese EV segment is the 50kW-100kW peak motor power segment with numerous offerings in contention from the likes of MG Motors, BYD, Tata Motors and Neta. In this battle for affordable EV supremacy, BYD has now announced that it will be launching the advanced Atto 3 (49.92 kWh battery) to take on the competition, most notably the MG ZS EV 99 kW.