• Latest
  • Trending
European EV Sales Jump 29% as Iran War Pushes Petrol Prices Higher

European EV Sales Jump 29% as Iran War Pushes Petrol Prices Higher

April 20, 2026
Ripple CEO Says Company Nearly Shut Down After SEC Sued in 2020

Ripple CEO Says Company Nearly Shut Down After SEC Sued in 2020

July 12, 2026
Latam Insights: Inside Tether’s $20M Bet on Brazil, Operation Veil of Maya, and the Stablecoin Hold Dispute

Latam Insights: Inside Tether’s $20M Bet on Brazil, Operation Veil of Maya, and the Stablecoin Hold Dispute

July 12, 2026
Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Dogecoin Traders Watch $0.13 As DOGE Reclaims A Key Technical Level

July 12, 2026
Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

July 12, 2026
Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

July 12, 2026
‘Unsavable’: Lawyers Told Ripple Execs to Abandon Company

‘Unsavable’: Lawyers Told Ripple Execs to Abandon Company

July 12, 2026
SK Hynix (SKHY) Stock Jumps 13% in Nasdaq Debut as CEO Warns of Historic Memory Shortage in 2027

SK Hynix (SKHY) Stock Jumps 13% in Nasdaq Debut as CEO Warns of Historic Memory Shortage in 2027

July 12, 2026
The UK has finally shown it’s serious about crypto

The UK has finally shown it’s serious about crypto

July 12, 2026
The Ultimate Banking Battle: Custodia Petitions the Supreme Court in 6-Year Fight Against the Fed

The Ultimate Banking Battle: Custodia Petitions the Supreme Court in 6-Year Fight Against the Fed

July 11, 2026
  • Privacy Policy
Sunday, July 12, 2026
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
Logo
No Result
View All Result
Home Crypto Technical Analysis

European EV Sales Jump 29% as Iran War Pushes Petrol Prices Higher

J_News by J_News
April 20, 2026
in Crypto Technical Analysis, Top News
0
European EV Sales Jump 29% as Iran War Pushes Petrol Prices Higher
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter


Follow on Google News

TLDR

  • Battery-electric vehicle registrations rose 29.4% year-on-year in Q1 2026 across 15 European markets
  • March alone saw a 51.3% surge, with over 240,000 new EVs registered in one month
  • Europe’s five largest EV markets all recorded growth above 40% so far this year
  • Norway leads globally with 98.4% of new March registrations being fully electric
  • The half-million EVs registered in Q1 are estimated to cut oil consumption by 2 million barrels per year

Electric car sales across Europe’s main markets jumped sharply in the first quarter of 2026, driven in part by rising petrol prices linked to the war in Iran.

Sales of fully electric cars in Europe’s main auto markets jumped by almost a third in the first quarter of 2026, as drivers looked for alternatives to combustion engines after the war in Iran caused the highest spike in petrol prices in years. https://t.co/9pzygWkiPl

— RTÉ Business (@RTEbusiness) April 20, 2026

New battery-electric vehicle registrations rose 29.4% compared to the same period last year, reaching nearly 560,000 across 15 European markets, according to data from E-Mobility Europe and research firm New Automotive.

March was especially strong. Over 240,000 new electric cars were registered that month alone, a 51.3% increase year-on-year. That works out to roughly 22% of all new car registrations across the tracked markets.

The data covers markets that represent around 81% of the combined EU and European Free Trade Association car market, based on national vehicle registers and industry associations.

Europe’s five largest markets — Germany, France, Spain, Italy, and Poland — each recorded BEV growth of more than 40% so far this year.

Italy posted the strongest gain among major markets, up 65%. Its BEV market share rose to 8.6% in March, up from around 5% at the end of 2025.


Zuna


Germany showed a clear recovery, with around one in four new cars registered in March being fully electric — a 42% year-on-year increase. New government incentive schemes are credited as a contributing factor.

France led the major markets with a 28% BEV share in March, with annual growth of just under 50%. The country’s social leasing program is considered a key driver.

Nordic Markets Lead Europe

The Nordic countries are well ahead of the rest. Denmark reached an electric share of 76.6% of all new registrations in March. Finland came in at just under 50%.

Norway remains the global leader. In March, 98.4% of all newly registered cars in the country were fully electric.

In the UK, Europe’s second-largest BEV market after Germany, registrations grew 12.8% in Q1. Electric cars made up 22.5% of all new car sales in the country during that period.

E-Mobility Europe Secretary General Chris Heron said in a statement: “March’s surge in electric car sales is one of Europe’s biggest recent gains in energy security, in a month when oil dependence has become a real vulnerability.”

Ben Nelmes, CEO of New Automotive, added: “Every electric vehicle registered means Europe is less dependent on imported oil.”

Data Context Worth Noting

The report was published by two organizations that actively promote electric mobility. The raw registration figures come from government sources and are considered reliable.

However, the publishers acknowledge that independent analysis of the precise causes of the growth — such as the split between government subsidies and rising fuel prices — is not yet available.

The estimated reduction of 2 million barrels of oil per year is based on the 500,000-plus EVs registered across the EU and EFTA in Q1 2026.


🚨 Our April Stock Picks Are Live!

A new month means new opportunities. Our analysts have just released their top stock picks for April, highlighting companies with strong momentum that rank highly on our KO Score algorithm. We’re also now sharing trade ideas for both long-term and short-term investors, giving you more ways to spot potential opportunities in the market.

Sign up to Knockout Stocks today and get 50% off to unlock the full list and see which stocks made the cut.

Related articles

Ripple CEO Says Company Nearly Shut Down After SEC Sued in 2020

Ripple CEO Says Company Nearly Shut Down After SEC Sued in 2020

July 12, 2026
Latam Insights: Inside Tether’s $20M Bet on Brazil, Operation Veil of Maya, and the Stablecoin Hold Dispute

Latam Insights: Inside Tether’s $20M Bet on Brazil, Operation Veil of Maya, and the Stablecoin Hold Dispute

July 12, 2026

Use coupon code Special50 for your exclusive discount!






Source link

ShareTweetShareShare

Related Posts

Ripple CEO Says Company Nearly Shut Down After SEC Sued in 2020

Ripple CEO Says Company Nearly Shut Down After SEC Sued in 2020

by J_News
July 12, 2026
0

TLDR Ripple CEO Brad Garlinghouse nearly dissolved the company after the SEC sued in 2020 He and co-founder Chris Larsen...

Latam Insights: Inside Tether’s $20M Bet on Brazil, Operation Veil of Maya, and the Stablecoin Hold Dispute

Latam Insights: Inside Tether’s $20M Bet on Brazil, Operation Veil of Maya, and the Stablecoin Hold Dispute

by J_News
July 12, 2026
0

Key TakeawaysTether invested $20M in Mercado Bitcoin, accelerating tokenized asset growth and payment tech across Latam.Brazil’s police raided 87 shell...

Autheo Pitches Decentralized Operating System For AI Agents And Blockchain

Dogecoin Traders Watch $0.13 As DOGE Reclaims A Key Technical Level

by J_News
July 12, 2026
0

Dogecoin Traders Watch $0.13 as DOGE Reclaims A Key Technical Level is the kind of crypto story that looks simple...

Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

Eaton (ETN) Stock: Rises as Data Center Expansion Supports Rich Valuation

by J_News
July 12, 2026
0

TLDR Eaton outperformed the S&P 500, gaining 2.2% over the week despite light trading volumes. Investors continue assigning Eaton a...

Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

Bitcoiners Michael Saylor, Adam Back Oppose BIP-110

by J_News
July 12, 2026
0

Strategy executive chairman Michael Saylor and Blockstream CEO Adam Back have doubled down on their opposition to BIP-110, a proposed...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • About Us

Top News

NFP, FOMC minutes, and CPI span the next two weeks

JPMorgan Targets $250B Stablecoin Market With Ethereum-Based Treasury Fund Launch

The NFT market was ‘oversold’ and prices fell too far, says Yuga Labs’ new CEO

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us

© 2021 mtrushmorecrypto - Crypto Related News Blog