EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines

Analysts expect the Iran war to spur demand for electric vehicles as Middle East tensions encourage alternatives to fossil-fuel cars. Multiple car-selling platforms report a sharp increase in consumer interest since the crisis began, but the shift away from internal-combustion vehicles is expected to be gradual.

Analysis

Analysts expect the Iran war to spur demand for electric vehicles as Middle East tensions encourage alternatives to fossil-fuel cars. Multiple car-selling platforms report a sharp increase in consumer interest since the crisis began, but the shift away from internal-combustion vehicles is expected to be gradual.