High Fuel Prices Are Powering an Electric Motorcycle Boom ...Middle East

Economy by : (OILPRICE) -
While electric car and truck sales have grown more slowly than expected in recent years, prompting governments to rethink clean fuel targets and automakers to slow the pace of EV production, electric motorcycles are becoming increasingly popular in certain parts of the world. Two-wheel vehicles have long been popular in busy cities and low-income countries, and now, largely due to rising fuel prices, many are investing in electric two-wheelers. The United States-Israeli attacks on Iran in February, which led to the ongoing Iran War and spurred…

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