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Europe EV sales surge 51% as Iran war drives oil past $100
Battery-electric registrations jumped 51% in March as oil climbed above $100 a barrel. Chinese brands BYD, Leapmotor, and Xpeng are capturing the biggest gains.
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fortune.com
While Detroit blinked on EVs, the Iran war has handed Chinese automakers the opportunity of a lifetime | Fortune
“As tragic as it is—war is tragic for anyone involved—it is probably one of the best things that could have happened to the Chinese EV makers,” said one Chinese EV expert.
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marketplace.org
Why EV sales are stagnant in the U.S. but surging in Europe
Americans still buy a lot of big pick-up trucks. On top of that, the Trump administration ended subsidies for electric vehicles and stopped enforcing fuel efficiency rules.
