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Mideast war revs up electric car demand in Asia
April 14, 2026
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Posted 3 hours ago by
Electric vehicle sales have jumped in Southeast Asia as cost-conscious buyers have poured into dealerships looking to dodge the fuel price spikes driven by the Middle East war.Asian nations have been particularly hard hit due to a sharp fall in the crude shipments they rely on -- and have few alternatives to replace them.Yet the energy crisis has been a windfall for Vietnam's leading electric vehicle maker Vinfast as well as Chinese manufacturers.
Vietnamese office worker Do Thi Lan explained the simple math of the cars' appeal at a Vinfast showroom in Hanoi.
Al-Monitor
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