Europe’s EV Sales Surge as Oil Shock Hits Drivers

Sales of electric vehicles in Europe are on the rise as the Middle East war disruption in oil exports pushes retail fuel prices higher, Reuters reported today, citing data from the industry that showed demand for EVs had gone up by 34% in April. The data comes from 16 markets, Reuters noted in its report, with the figures showing strengthening demand for electric cars in already highly pro-EV markets such as the Netherlands and Denmark, but also from markets such as Italy, where adoption has been slower to pick up. Demand for electric vehicles…