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EV demand surges in Asia as fuel prices hit $100
short by / on Tuesday, 14 April, 2026
Electric vehicle demand is surging across Southeast Asia as soaring fuel prices, driven by the Middle East war, push buyers to switch. With crude crossing $100, consumers are seeking cost savings, boosting sales for Vietnam's VinFast and China's BYD. Rising oil shocks, improved EV infrastructure, and government push are accelerating a structural shift toward electric mobility across the region.
read more at Asianet Newsable