HANOI, Vietnam — Electric vehicle sales increased across Southeast Asia as consumers shifted away from gasoline-powered vehicles amid higher fuel prices linked to disruptions in global oil supply.
Dealerships in Vietnam and other regional markets reported higher customer turnout and increased purchases of electric vehicles, particularly in Vietnam where local manufacturer VinFast recorded higher sales.
At a VinFast showroom in Hanoi, customers said rising fuel costs influenced their decision to consider electric vehicles. Dealers reported increased monthly sales and a higher share of buyers switching from petrol-powered cars.
Industry data cited by manufacturers showed that electric vehicles accounted for a growing share of car sales in Vietnam, with continued expansion of charging infrastructure supporting demand.
Chinese electric vehicle manufacturers also reported increased international sales in Southeast Asia. BYD saw higher orders in regional markets, including Thailand and the Philippines, according to dealership reports.
Dealers in Bangkok and Manila said more customers inquired about electric vehicles as fuel prices increased. Some buyers cited daily commuting costs as a factor in shifting to electric mobility.
Industry analysts said higher fuel prices contributed to increased demand for electric vehicles, while governments in the region expanded efforts to develop electric vehicle infrastructure.
Reports indicated that electric vehicle registrations also increased in other Asia-Pacific markets, including Japan, South Korea, India, Australia, and New Zealand.
