A surge in electric vehicle (EV) adoption in markets around the world is shaping up as the leading low-carbon impact of the Mideast Gulf crisis, as consumers respond to higher fuel prices, lower vehicle prices and broader availability. The EV market share of new car sales grew to 36% in Australia and 15% in Brazil this past June, for example, versus 18%-20% and 6%-7%, respectively, in the second quarter of 2025. With its booming low-carbon energy export industry, China was the main beneficiary of this surge: EV exports most notably soared year on year by 65% in the second quarter. Chinese battery and solar exports grew to a lesser degree, but saw a sharp upswing in African and Southeast Asian markets. Overall, the value of Chinese “New Three” low-carbon energy exports of batteries, solar and EVs grew 60% year on year in the first half of 2026 to $143 billion, according to customs data compiled by Energy Intelligence.