Sales of used EVs in the EU are growing due to a surge in gasoline prices

The sharp increase in gasoline prices in the EU has led to an unexpected effect: demand for electric cars is rapidly increasing. The main reason is instability in energy markets caused by the conflict around Iran, which has affected key oil supply routes.

As a result, the average cost of gasoline in EU countries has increased by 12%, reaching around €1.84 per litre over a short period of time. For many drivers, this has become a critical level.

Against this background, used EVs have become the most affordable alternative. They are cheaper than new models and do not require long delivery times, which is crucial given limited availability. According to market participants, these cars can cost 30–40% less than new ones.

Online platforms are registering a surge in user activity. In several countries, the number of EV-related searches has increased by tens of percent, and in some cases has multiplied. Sales on some platforms have almost doubled within just a few weeks.

It is noteworthy that the process had already begun before the situation in the oil market escalated, but rising gasoline prices acted as a catalyst. Analysts say that similar demand spikes have been observed during previous energy crises, confirming consumers’ sensitivity to fuel prices.

If the current situation continues, we can expect a further strengthening of this trend.