High fuel prices increase interest in electric cars in Germany

The rise in gasoline prices as a result of the Iran war has increased German dealers’ interest in electric cars.

The Internet platforms Carow and MyAuto.d, which deal with cars, confirmed this in response to an inquiry from the German News Agency (DPA).

Executive Director of the Carow Germany platform, Philipp Seiler von Amende, said: “The rise in oil prices is directly reflected in the interest in electric cars. Our data shows that since February 28, the share of settings for electric cars on the site has increased from 55% to up to 63% over the past weekend,” he said, adding that the average share during weekdays was about 59%, which indicates that many consumers are reacting to rising fuel costs.

The MyAuto.d platform reported that it had recorded a noticeable increase in interest in topics related to driving at a lower cost. A spokesman for the platform said that offers and content on alternative fuels, such as electricity and E20, in addition to instructions related to saving fuel, are currently witnessing higher viewing rates than usual.

While electric cars are gaining interest, traditional propulsion engines are declining slightly, according to Carow. Amandeh said: “The gasoline and diesel models together now represent only about 23% of settings, which is a lower level than at the end of February. As for hybrid cars, they remain relatively stable at about 15%.”

According to My Auto.de, there is no decline in interest in mobility, but there is hesitation when making a purchasing decision.