EVs Reach 40% of Configurations on Carwow, Driven by Fuel Prices
5 Articles
5 Articles
Electric cars have saved oil-importing countries around 200 million barrels of crude oil, saving them around $20 billion since the start of the US-Israeli war on Iran, and the electrification of the vehicle fleet has other benefits. The popularity of pure electric cars continues to grow worldwide, driven in part by the Middle East crisis, supported by a supportive regulatory environment and falling technology costs, according to an analysis by t…
Every time an international crisis triggers oil, the same concern comes back: the cost of filling the tank of cars with combustion engines, and how it will affect the rise to the rest of the economy. But there are countries that are beginning to have a protection that a decade ago had little weight. Their fleets of electric cars already allow to avoid a part of the consumption of crude, reducing the dependence of a market over which they have li…
Fuel costs continue to push drivers to consider EVs
New battery electric vehicle (BEV) configurations on Carwow hit a new high in September, rising to 40%. The uplift coincided with the latest peak in fuel prices, with the RAC noting diesel had reached a national average of 199.33p per litre, and petrol climbed to 174.23p. Matt Cockerill, vice president, marketplace operations at Carwow, said: ...
Two out of three cars sold in China in September were electric or hybrid, a record 67% of the month's sales. With gasoline fueled by the Ormuz crisis, the country's electric fleet has already stopped consuming 143 million barrels of oil.
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