Demand at online marketplaces could settle at a new, higher normal, with the crisis leaving consumers ‘scarred’
Car buyers’ interest in electric cars has surged across Europe since the start of the war in Iran, as the rising cost of petrol highlights the cheaper power available from a plug.
Online marketplaces in the UK, Germany, France and Spain reported huge increases in inquiries about electric vehicles since the start of the conflict in February.
The war caused rapid increases in petrol prices and protests around the world, while electricity prices have not been as badly affected.
The first strikes were launched on 28 February, causing turmoil on global commodities markets as Iran effectively shut down the strait of Hormuz, a key route for oil and gas exports.
