EV demand up 50% in France and Germany since Iran war
business
Electric vehicle orders are surging across Western Europe. According to Renault's CEO, demand in France and Germany has jumped 50 percent since tensions with Iran escalated. The spike reflects consumer anxiety about oil supply disruptions amid geopolitical instability—a concern driving buyers toward battery-powered alternatives. It's an unusual catalyst for the energy transition, but market data shows the correlation is real.
Source: https://www.reuters.com/business/renault-electric-vehicle...
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