BYD's bet on EVs is paying off as drivers ditch gas amid rising oil prices

Cheap BYDs, pricey gas: fans cheer while skeptics circle

TLDR: BYD is riding a surge in EV demand as oil prices climb, with showrooms across Asia packed. Commenters are split between praising BYD’s low prices, championing plug‑in hybrids as a practical middle ground, and poking holes in the stats—plus a side of skepticism about BYD’s books and US EV pullbacks.

Gas prices are spiking, BYD showrooms across Asia are buzzing, and the comments section is a battlefield. The news: BYD, which ditched pure gas cars in 2022 and now leads global electric sales, is seeing fresh demand as oil jumps. Manila dealers are swamped, a VinFast store is hiring just to keep up, and analysts say EVs are already cutting oil use in a big way. But the community? Oh, they’ve got thoughts.

UK readers are swooning over BYD’s low prices and solid builds, with one Brit roasting old-school brands like VW and Audi for “taking the piss” on price. Then came the hybrid détente: a proud plug‑in hybrid owner bragged about doing all their errands on battery from a basic home outlet, pitching it as a “sweet spot” for cost and weight. Cue the EV‑purist vs PHEV peace talks.

Meanwhile, the number nerds are fact‑checking the hype, warning that splashy “40% adoption” headlines often mean new sales, not total cars on the road—so the streets won’t go silent overnight. And there’s a sharp edge of skepticism: a few commenters side‑eye BYD’s accounting while noting U.S. brands are dialling back EV models just as gas spikes. Verdict: it’s a price war, a culture war, and a vibes war—powered by very real pain at the pump and very loud opinions online.

Key Points

  • BYD reports increased EV demand amid surging oil and gas prices, especially in Asia.
  • BYD stopped producing ICE-only vehicles in 2022 and became the world’s largest EV maker, ranking sixth globally in 2025 with 4.6 million EVs and PHEVs sold.
  • Dealerships in Manila and at VinFast report spikes in showroom activity and orders linked to fuel price hikes.
  • Ember estimates EV adoption avoided 1.7 million barrels/day of oil consumption last year, about 70% of Iran’s exports via the Strait of Hormuz.
  • Policies in Southeast Asia (e.g., Laos fee changes) and industry views in Thailand suggest sustained high oil prices could further boost EV demand.

Hottest takes

“taking the piss with their pricing” — gambiting
“this hits the perfect sweet spot for me” — jrjeksjd8d
“reintroduce a good dose of skepticism” — PedroBatista
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