1 of 1
Story summary
- The Middle East crisis, especially the Iran war, will shift interest to electric vehicles.
- Analysts report increased EV inquiries in the U.S. and Europe since the conflict began, with Autotrader noting a 28% rise.
- Ford Motor Company and General Motors are scaling back EV plans due to slow demand and rising costs.
- Experts say higher gas prices could boost adoption, but real change may take six months.
