How the fuel crisis is supercharging the EV market

How the fuel crisis is supercharging the EV market

Image: pengzphoto/stock.adobe.comAs the fuel crisis hits, going electric is becoming an increasingly enticing option for households and industries. The post How the fuel crisis is supercharging the EV market appeared first on Energy Magazine.

Could EVs be part of the answer to Britain’s fuel reserve concerns?

The Iran War has pushed up oil and gas prices. On Friday, in the UK, however, gasoline (UK: petrol) prices reached £1.50 per liter ($2). Britons pay approximately twice as much as Americans do to fill their cars. The UK’s recent price rises have triggered warnings of rationing. So-called experts have urged the government to encourage more drilling in the North Sea. This is not a very helpful suggestion given that drilling today would not transla…

Fuel crisis drives EV demand as households face rising costs, Monash experts say - The Indian Sun

Rising petrol prices and pressure on household budgets are pushing more Australians towards electric vehicles and home electrification, as concerns grow over fuel shortages and cost-of-living impacts. Experts from Monash University say interest in EVs is increasing during the current fuel crisis, even as questions remain around affordability and the pace of transition for vulnerable households. Professor Yolande Strengers said demand for electri…