Interest in EVs surges in Europe as fuel prices jump after Iran war
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Interest in EVs surges in Europe as fuel prices jump after Iran war
"Ajay Bhatia, chief executive of Mobile.de, stated that high fuel prices have catalyzed an E-Auto-Boom, with inquiries for electric cars increasing by over 50% in March compared to February."
"Bhatia highlighted that diesel prices reaching 2.50 a litre in Germany have motivated a push towards zero-emissions vehicles, which had previously struggled in the country."
"Carwow reported a 20% to 30% increase in inquiries about electric cars across the UK, Spain, and Germany between February and March, indicating a significant market shift."
"Iain Read, Carwow's content director, noted that there has been a long-term shift away from internal combustion engines, which has accelerated due to recent economic pressures."
Car buyers in Europe have shown increased interest in electric vehicles since the onset of the war in Iran, driven by rising petrol costs. Online marketplaces in the UK, Germany, France, and Spain reported significant increases in inquiries for electric cars. The conflict has led to soaring petrol prices while electricity costs remain stable. Mobile.de noted a 50% rise in electric car inquiries in March compared to February. The demand for electric vehicles has also been supported by government subsidies and a shift away from internal combustion engines.
Read at www.theguardian.com
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