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demand-for-electric-vehicles-surges-in-europe-as-oil-price-rises
Demand for Electric Vehicles Surges in Europe as Oil Price Rises

Demand for Electric Vehicles Surges in Europe as Oil Price Rises

Last updated: May 24, 2026 7:48 pm
By Chris Summers
1 Min Read
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Demand for Electric Vehicles Surges in Europe as Oil Price Rises

A worker inspects an EV’s charging system at an auto plant in Hefei, China, on Jan. 17, 2025. Kevin Frayer/Getty Images

Demand for electric vehicles (EVs) in Europe has risen as the price of oil surges in the wake of the conflict in the Middle East.

Data provided to Reuters by research group New Automotive and industry group E-Mobility Europe show registrations of new EVs had risen by 34 percent year-over-year in April 2026. There were 201,986 sales in April 2026, compared with 150,624 in April 2025.

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