Electric vehicles (EVs) have been riding an unprecedented wave of popularity in the wake of the global oil crisis sparked by the conflict in the Middle East. In Australia, sales jumped over 150% in April year-on-year, while in the Asia Pacific region they rose 80% for the first three months of 2026 — excluding China, where massive sales growth has plateaued. Around 75% more EVs were sold in Latin America, and almost a third more in Europe, according to the International Energy Agency (IEA). IEA