BYD's official distributor for Nepal, Cymex Inc., has said that its attention has been drawn to the questions raised in the media and public circles regarding imported electric vehicles before the budget for the upcoming fiscal year 2083/84 was made public.

The Armed Police Force (APF) headquarters has said that 774 vehicles that entered Nepal from the Korala border crossing with China were taken into custody from Wednesday night to Thursday morning. It is also stated that 649 of them are BYD.

In a statement issued by the company on Thursday, it claimed that the vehicles currently in discussion were imported and cleared customs in accordance with the prevailing laws, customs regulations and established procedures of the Government of Nepal. According to the company, no special facilities, preferential procedures or unauthorized customs arrangements were taken advantage of at any stage and no such facilities were demanded.

Cymex stated that 649 units of vehicles were cleared customs from the Mustang Customs Office and 472 units from the Rasuwa Customs Office. In addition, 226 units of vehicles have arrived at the customs area on the Chinese side, but their customs clearance process has not been completed yet, according to Simex Inc.

According to the statement, the import process has been moved forward to supply vehicles that have already been booked by customers and to address the growing demand for electric vehicles. The company stated that the import work was carried out keeping in mind the challenges related to BYD's production schedule, transportation availability, business plan and transportation management.

The company described the accusation that it had taken any unfair advantage by coordinating with government agencies to avoid tax changes as baseless, untrue and a blow to its reputation. The statement also claimed that all import-related activities were conducted in accordance with regular business needs, inventory management and transportation schedules.

Simex stated that it is ready to provide import records, customs declaration details, shipping documents, border entry records, payment details and inspection approval documents to the relevant authorities.

The company has urged the media and stakeholders not to jump to conclusions without verifying the facts from official records and relevant bodies. The company says that unsubstantiated allegations or content can damage the reputation of legitimate businesses.

Stating that the electric vehicle sector is making a significant contribution to achieving Nepal's environmental goals, reducing fuel imports and expanding access to sustainable transport, the company has stated that fact-based news reporting and responsible public debate are necessary.

Cymex claims that it has been active as a trusted partner in Nepal's automobile and clean energy transformation for the past several years and is committed to honesty, law enforcement, transparency and accountability. It also expressed confidence that the ongoing study and review process by relevant bodies will bring out the real facts and end the confusion and misinformation spread in the public.