Iran War Accelerates Global Shift to EVs and Renewables
· 50-word read
In 50 words
The US and Israeli war with Iran has driven up fuel prices and accelerated the global shift toward electric vehicles and renewable energy, experts told ABC News. EV sales have gained momentum in Southeast Asia, including Thailand and Vietnam, while US sales have fallen despite rising demand in many markets.
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Why it matters
Thailand is one of the South-East Asian markets where EV sales are picking up, according to an Ember Energy analyst quoted by ABC, as fuel import costs weigh on many countries.
What's next
The UN climate summit, COP31, is due to focus on electrification this week, according to ABC.
Key dates
- February 2026The US and Israel began bombing Iran, after which fuel prices and EV sales rose sharply, ABC reports.
- June 2026The UN set a goal of 35 per cent electrification by 2035.
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Sources
- ABC AustraliaRead the original article →
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