MINUTES
About Minutes
Back to videos
High oil prices, subsidies and affordable models fuel European EV salesEconomy
Install the Minutes extension for translated subtitles
Get the Minutes app for translated subtitles (coming soon)
Translated subtitles

EconomyHigh oil prices, subsidies and affordable models fuel European EV sales

Electric vehicle sales continued to accelerate across much of Europe in July, according to data provided to Reuters. High oil prices, subsidies and the availability of more affordable models encouraged more consumers to move away from combustion-engine cars.

RReuters 2026-08-24 06:48