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news Scmp World 2026-04-20

Iran War Oil Shock Accelerates Asia's Electric Vehicle Revolution

The ongoing conflict in Iran is boosting the electric vehicle movement across Asia. This global energy shift is leading professionals to reconsider traditional petrol-run vehicles.


Across Asia, a revolution in how people move was already gathering speed. War in Iran just hit the accelerator. Prashant Tiwari was among the first people at his company to go electric when he swapped his petrol car for a Hyundai Kona five years ago. Now, his colleagues at Fusemachines Nepal – an AI firm in Kathmandu – are calling him a prophet. β€œThey say you don’t have any problem,” the 36-year-old product manager said. β€œI think it is foolish to buy a petrol-run car now, and everyone generally....

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