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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
To combat these rising emissions, Bhutan is encouraging the use of electric vehicles. However, the transition has not been straightforward.
A program tried to get this progress moving, but nothing happened because people were misinformed and didn't know what was going on .
GEF and UNDP revived the electric vehicle program early on with the intention of introducing electric taxis. However, despite this new effort, there are still a few obstacles.
The Bhutan EV Charger Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
When Bhutan's sustainable low emission urban transport systems project is approved, the country will install 23 electric car charging stations at peripheral locations in Thimphu and nearby dzongkhags.
To expedite the project's implementation, the charging infrastructure must be prepared prior to implementation.
Twelve of the 23 electric stations will be in different parts of Thimphu, and the remaining stations will be in Phuentsholing, Punakha, Paro, and Wangdue.
This is one component of a three-year project funded by the Global Environment Facility (GEF) and the Ministry of Information and Communications.
The project's primary objective, according to Dasho Karma W Penjor, secretary of information and communications, is to reduce pollution by switching to electric vehicles.
Nissan has committed to supporting the Kingdom of Bhutan's transition to an electric vehicle fleet. THIMPHU, Bhutan Nissan and the Royal Government of Bhutan have agreed to work together to realize the eco-friendly vision for the country's future.
The agreement was reached after talks between the CEO of Nissan and the Prime Minister of Bhutan in Thimphu. The CEO of Nissan went back to the capital of Bhutan with the Prime Minister to make the announcement.
As they work toward realizing Nissan's vision of Bhutan becoming a world leader in electric vehicles, the Royal Government of Bhutan is pleased to announce this partnership.
As they work toward electrifying the nation's transportation infrastructure, Nissan's global experience will be invaluable.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
21 | Product installation rate by OEM, 2022 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |