Demand for Electric Vehicles Surges in Europe as Oil Price Rises

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A worker inspects an EV’s charging system at an auto plant in Hefei, China, on Jan. 17, 2025. Kevin Frayer/Getty ImagesDemand for electric vehicles in Europe has risen as the price of oil surges in the wake of the conflict in the Middle East.Data provided to Reuters by research group New Automotive and industry group E-Mobility Europe, showed registrations of new EVs had risen by 34 percent, year-on-year, in April 2026. There were 201,986 sales in April 2026, compared with 150,624 in April 2025.

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