Oil prices soar, Thailand's new energy vehicle popularity continues to rise, and the cost of travel for the public increases.

Economic Observer Network. According to CCTV Finance and Economics, since the outbreak of the conflict between the U.S. and Iran, global energy prices have risen. In Thailand, fuel prices have surged sharply, and people’s travel costs have increased noticeably.

Recently, reporters conducted on-the-ground visits in Bangkok and found that demand for new energy vehicles continues to heat up.

Since the fighting in the Middle East began, Thailand’s fuel prices have shown clear fluctuations. Diesel prices have risen from the previous 29.94 baht per liter to 47.74 baht per liter (about 10 yuan RMB), a rise of roughly 59%; gasoline prices have also increased by about 34.24%. In recent days, at fuel stations in many parts of Thailand, long lines can be seen as residents rush to fill up before fuel prices continue to rise.

An intensifying fuel crisis has prompted people in Thailand to take a practical approach to evaluating vehicle costs, and electric vehicles—thanks to their lower operating costs—have gained favor. The ongoing Bangkok International Motor Show offers a clear, visual demonstration that electric vehicles are gradually becoming a new choice for Thai consumers. Public attention has shifted away from traditional fuel-vehicle attributes such as engine power to questions about electric vehicles’ driving range and charging infrastructure.

CCTV reporter Yang Tanli: I’m now at the site of the 47th Bangkok International Motor Show, the capital of Thailand. At this show, I looked at the exhibitor list. There are 37 major exhibitors in total, and Chinese brands account for 14 booths—nearly 40%.

Multiple Chinese new energy vehicle companies are actively exhibiting, and Chinese brands have also become the top choice for many Thai consumers. According to data released by the organizing committee of this motor show, in the first 7 days before the show, vehicle reservations had already exceeded 40k units, a year-on-year increase of 68.8%. Among them, all new energy models—including pure electric vehicles and plug-in hybrid electric vehicles—account for as much as 80% of the total. Among the top five brands by reservation volume, Chinese brands hold three seats.

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