Huatai Securities: Europe and Southeast Asia are expected to become the key sources of incremental growth in overseas electric vehicle penetration amid rising oil prices.

GateUser-bd883c58 · 2026-03-27T03:17:22+00:00

Huatai Securities analysis suggests that the rise in oil prices due to the Middle East situation has sparked attention to the economic comparison between electric vehicles and fuel vehicles. Calculations show that Europe is ahead of Southeast Asia and the United States in the progress toward parity between oil and electricity, and it is expected that electric vehicles will achieve higher market penetration rates in an environment of rising oil prices.

GateUser-bd883c58

2026-03-27 03:17:22

Abstract generation in progress

Ask AI · Why is Europe leading in the timeline for oil-electricity price parity?

Daily Economic News AI Express, March 26: Haitong Securities pointed out that recent disruptions in the Middle East situation have driven oil prices up, and the market is focusing on the economic boundary of electric vehicles relative to gasoline vehicles. We calculated the oil-electricity price parity multiple in markets such as Europe/Southeast Asia/the United States based on five-year TCO costs, and compared it with the current oil-electricity multiple (based on the price context of $99 per barrel of crude oil on March 3.18) to evaluate the progress toward parity. The results show that overseas oil-electricity price parity progress follows a “Europe > Southeast Asia > United States” tiered distribution. Europe and Southeast Asia are expected to become core incremental sources for an increase in the penetration rate of overseas electric vehicles amid an upward trend in oil prices. We recommend leading companies with the highest electric vehicle sales in the target markets, as well as companies with faster European expansion.

Daily Economic News

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes