Asian EV showrooms report surging demand as oil prices climb after Iran conflict

BYD and VinFast dealerships across Asia are seeing sharp upticks in customer traffic and sales since crude oil prices rose following the start of the Iran conflict. A BYD showroom in Manila logged a month's worth of orders in two weeks, while VinFast outlets in Hanoi sold 250 EVs in three weeks, double the 2025 average weekly rate, prompting the hire of additional sales staff. Buyers cite fuel cost savings as the primary driver for switching from petrol vehicles to electric models.

Why it matters: A sustained oil price shock could accelerate EV adoption in price sensitive Asian markets, increasing near term demand for charging infrastructure and creating urgency for CPOs and site hosts to expand networks ahead of fleet growth.