Fuelling EV Adoption: the UK’s Petrol Crisis Could See a Rise in Electric Vehicle Stock Prices

Written by dmytrospilka | Published 2021/10/14
Tech Story Tags: ev | electric-vehicles | electric-car | sustainability | renewable-energy | electric-vehicle-stocks-rise | fuelling-ev-adoption | uk's-petrol-crisis

TLDRThe UK petrol shortage has prompted a massive spike in online searches for electric vehicles. Interest in electric vehicles spiked 1,600% on September 24th - when the shortage grew to a national scale. As a result of the crisis, it appears that the nationwide petrol shortage may accelerate the adoption of electric cars. The crisis has provided the backdrop to Motor Fuel Group’s flagship electric vehicle charging station in London, which opened on the 28th of September. The growth in the number of EV charging points coupled with the temporary decline in the availability of petrol in the UK may indicate a sliding doors moment in the adoption.via the TL;DR App

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Written by dmytrospilka | Dmytro is the founder of Solvid and Pridicto. Featured in Hackernoon, TechRadar and Entreprepreneur.
Published by HackerNoon on 2021/10/14