Due to rising gasoline prices, electric car sales in Europe increased by a third
According to statistics covering 16 European Union markets, which account for over 80% of car sales, electric car registrations increased by 34%. However, as Reuters writes, it is still unclear how long-term this trend will be. This is because electric car sales are primarily growing due to high gasoline prices and disruptions in its supply.
The demand for electric cars is linked to the fact that world oil prices have doubled. And its reserves in European and Asian countries, according to the International Energy Agency, do not exceed a two-week level. EU citizens want to protect themselves from a possible "horseless" status and unnecessary expenses.
Meanwhile, statistics show that the number of electric vehicles is growing not only in Denmark and the Netherlands, where they have long been popular, but also in markets like Italy, where electric transport has developed much slower until now.
European dealers began to note a particularly sharp increase in electric vehicle sales from April, when it became clear that the conflict in the Persian Gulf would drag on. For example, the British company Octopus Electric Vehicles told Reuters that demand for new electric vehicles increased by 95%, and for used electric cars – by as much as 160%.
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