Energy
Record Fuel Prices Send European EV Sales Soaring
Record-high gasoline and diesel prices in many European markets did what European policymakers couldn’t do in years - shift consumer choice to low-emission vehicles.
AI Summary
Record‑high gasoline and diesel prices across many European markets have driven a sharp shift toward low‑emission vehicles. In August, battery electric vehicle sales in Europe—including the United Kingdom, Switzerland and Norway—rose 52.2% compared with the same month a year earlier. The surge reflects drivers moving away from costly fuel toward battery and hybrid models, according to data released Thursday by the European Automobile Manufacturers’ Association (ACEA).
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