Fuel price soars in Europe and used EVs dominate the market

European nations have seen gasoline prices rise following conflicts involving Iran that disrupted an oil route responsible for about 20% of the world's supply.

Data from the European Commission show that the average price of gasoline in the European Union has risen approximately 12% in recent weeks, reaching €1.84 per liter.

This price shock is already reshaping the automotive market, with digital platforms registering greater interest in used electric vehicles.

In Norway, Finn.no indicates that EVs have already surpassed diesel as the best-selling category.

Analyst Terje Dahlgren describes the moment as an "electric boom" in the used car market.

Accelerated demand on several fronts

Furthermore, Aramisauto, majority-owned by Stellantis, saw its share of EVs nearly double in just a few weeks. CEO Romain Boscher comments that there is a psychological turning point: “when gasoline surpasses two euros per liter, people start thinking differently”.

OLX markets indicate an increase in searches for EVs in countries like France, Romania, and Portugal.

Experts explain that used EVs tend to react faster to price shocks because they are cheaper to buy and ready for immediate use.

As analyst Alastair Campbell observes, consumers start looking for more fuel-efficient alternatives.

In summary, every peak in fuel prices may be quietly fueling the electric revolution.

And you, are you considering switching your current car for a used EV given this fuel price hike? Leave your opinion in the comments.