Surging oil prices triggered by the Iran war are giving a Chinese electric scooter maker its moment in the sun.
Yadea, the world’s largest producer of battery-powered scooters and motorcycles, has enjoyed a sales surge across south-east Asia and South America since the conflict began. The group’s overseas sales this year are tracking about 70 per cent higher than 2025.
“The volume is rising in all these places,” Yadea’s senior vice-president Wang Jiazhong told the FT at its headquarters in Wuxi, eastern China. “Customers are asking if we can advance their orders — I need to speed up the shipments.”
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