Global electric car sales are expected to reach 23 million this year, accounting for 28% of total car sales, with nearly 30% of cars sold being electric. The war in Iran has led to soaring petrol and diesel prices, prompting drivers to turn to electric vehicles as a cheaper alternative. Sales of battery electric cars and plug-in hybrids have seen significant growth in Asian countries outside of China, Latin America, and Europe. In Europe, one in three cars sold this year is projected to be electric, while in China, monthly sales have grown to over 60% of total car sales. Sales are also expected to rise by more than 50% in Asian countries and 45% in Latin America this year. The energy crisis caused by the Middle East war has highlighted the benefits of driving an electric car, leading to potential growth in EV sales. The road transport sector is the largest consumer of oil, and governments' response to soaring oil prices could shape the global car market. Electric vehicles are now seen as an alternative to oil dependence for transport, with a quarter of all new cars sold in 2025 being electric. Southeast Asia, heavily dependent on fuel imports, has seen spectacular growth in electric car sales in response to the energy crisis. Countries in the region are expanding EV tax incentives and implementing supportive policies to boost EV sales. In 2025, Chinese carmakers dominated the electric vehicle market, with technological advances and cheaper prices driving EV deployment in China. Nearly 40% of new car sales in Vietnam were electric, surpassing levels seen in most European countries. The cost of owning an electric truck in China is now competitive with owning a diesel one, leading to a doubling of the electric truck market in just two years. Cheaper EVs from China have led to a doubling of car exports in 2025, with Chinese automakers manufacturing 60% of electric cars sold worldwide. Intense competition domestically in China is pushing electric car manufacturers to seek export opportunities overseas.
Tag: Vietnam
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Cooling PV modules with hydrogel-coated paper
A Vietnamese research team has developed a low-cost passive cooling system for PV modules using hydrogel-coated paper that combines water flow and interfacial evaporation to reduce operating temperatures. Outdoor tests showed temperature reductions of up to 14 C and efficiency gains of up to 16.8%, with stable operation achieved using both freshwater and natural seawater. The system was tested under real outdoor conditions and showed strong performance, with the hydrogel-coated paper maintaining effective cooling even with natural seawater. The novel passive cooling technique enables convective heat transfer through flowing water and dissipation of latent heat via interfacial evaporation, leading to significant efficiency gains for PV panels. The study involved researchers from various universities in Vietnam and aims to scale up the system for real-world use, focusing on optimizing materials for different climates, enhancing corrosion protection, and integrating energy generation with water treatment.
https://www.pv-magazine.com/2026/04/28/cooling-pv-modules-with-hydrogel-coated-paper/
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China rolling into U.S. backyard
Canada is making significant strides in the clean energy transition by focusing on electric vehicles (EVs), with a goal for EVs to make up 90 percent of new car sales by 2040. Africa is experiencing a surge in solar growth, led by countries like South Africa, Egypt, and Nigeria. The industry is shifting towards supplier-led climate solutions, with India committing $2.4 billion to scale carbon capture solutions. A breakthrough in sodium-sulfur battery technology has made energy storage cheaper and easier to scale, while investment in next-generation geothermal energy has surpassed $2 billion. Vietnam has launched a $102 million climate finance initiative to protect forests and support climate-smart livelihoods.
https://speedandscale.com/newsletter/china-rolling-into-u-s-backyard/
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From Plans to Progress: A Blueprint for Delivering 1.5°C Through the ‘Global Mutirão’
The Global Implementation Accelerator initiative is helping countries implement their NDCs and NAPs, with collaborative alignment already delivering tangible results. Private capital in Brazil supports forest restoration, while companies like Unilever adopt renewable energy and regenerative farming. In Taiwan, the European Outdoor Group aggregates renewable energy demand, and in Vietnam, companies like H&M and IKEA support grid modernization. These initiatives create win-win situations where countries advance climate goals and companies secure future access to renewable resources.