Market News

    Surging petrol prices drive record EV sales in Europe in March

    High petrol prices in Europe steered car buyers towards EVs in a record-beating March, and led to the first month of global ​EV sales growth this year, data by consultancy Benchmark Mineral ‌Intelligence showed on Tuesday.
    Governments worldwide have capped fuel prices to shield motorists from soaring costs after the war in Iran, which erupted on Feb. 28, disrupted a key shipping route carrying ​about 20% of global oil supplies.
    Source : Reuters.com