Electric Vehicle Sales Surge Amid Iran Conflict
Global electric vehicle sales rose significantly following the onset of bombing in Iran. In the first four weeks of March, consumers in France, Germany, and the UK purchased 206,200 EVs. This represents a 44% increase compared to the same period last year. The surge is attributed to turmoil in global oil markets caused by the conflict.
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Sources · 7 independent
Bloomberg Radio
“The war in Iran and the turmoil it has set off in global oil markets is fueling a surge in electric car sales in much of the world. In March, the first four weeks since the bombing began, consumers in France, Germany and the UK drove off in 206,200 EVs.”
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