REALTIME NEWS

Surging oil prices drive demand spike in Europe's used EV market

, Taipei

Jul 1, 2026, 16:21 0

Credit: AFP

Rising oil prices as a result of the war in Iran have caused the originally sluggish used electric vehicle (EV) market in Europe to flip, with demand now outpacing supply. Three-year-old used EVs are now priced at around EUR20,000, falling within reach of...

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