‘Watershed moment’: EV sales soar as oil price volatility drives away petrol car demand

https://www.cityam.com/wp-content/uploads/2026/05/chery-tiggo-4-chinese-EV.jpg?w=1107" />

Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car supermarkets has said.

London-listed Motorpoint, which has seen its shares jump on the back of bumper profits, https://www.cityam.com/watershed-moment-ev-sales-soar-as-oil-price-volatility-drives-away-petrol-car-demand/">[...]