{
  "id": 14367895,
  "title": "Here’s how much Trump’s Iran war is boosting EV sales around the world",
  "url": "https://urgent.news/2026/10/14/heres-how-much-trumps-iran-war-is-boosting-ev-sales-around-the-world",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-14T04:12:00.000Z",
  "source": {
    "name": "Fast Company",
    "slug": "fast-company",
    "url": "https://www.fastcompany.com/91622861/heres-how-much-trumps-iran-war-is-boosting-ev-sales-around-the-world"
  },
  "original_language": "en",
  "account": "The recent U.S. war in Iran has inadvertently spurred a surge in global electric vehicle (EV) sales, according to a new report by Ember, an energy think tank. In the months following the U.S. attack on Iran in late February, crude oil prices skyrocketed, which in turn sparked a significant rise in global EV sales. Out of 56 countries monitored by Ember, 49 have set new records for EV sales this year.\n\nThe impact was particularly pronounced in regions such as New Zealand, where EV sales surged by an astonishing 165% between March and August, compared to the previous six months. Chile and India also saw impressive growth, with EV sales increasing by 124% and 58%, respectively.\n\nThis uptick in EV sales was partly attributable to new policies in several countries. In Germany, for instance, pro-EV policies implemented last year coincided with rising fuel prices, leading to battery electric vehicle sales making up 27.5% of total car sales by August. This represented a 50% increase over the same month last year.\n\nEuan Graham, a senior energy analyst at Ember, noted that the combination of fuel efficiency standards and direct policy support played a crucial role in boosting EV sales. Countries with a longer history of EV support, such as Uruguay (38% in August) and Vietnam (51%), experienced record-high EV sales shares.\n\nHowever, the U.S. is lagging behind in this global EV boom. EV sales in the U.S. have plummeted by 30% over the first nine months of 2026 compared to the same period in 2025. The decline is attributed to several factors, including the elimination of the $7,500 tax credit for EVs by the Trump administration, the freezing of funding for EV charging infrastructure, tariffs that raised the cost of EV batteries, and the rollback of fuel efficiency standards.\n\nThese measures have left U.S. consumers with fewer affordable EV options as gas prices have risen. Automakers have also canceled EV models in the U.S., such as the Ford F-150 Lightning and the Nissan Ariya, in response to these challenges. As a result, EV sales in the U.S. are expected to rebound slightly in the third quarter, but lower-cost models like Slate's electric truck and Ford's upcoming $28,000 EV will be crucial in reinvigorating the market. Nevertheless, the U.S. is currently lagging significantly behind other countries in EV adoption.",
  "summary": "The Trump administration has done everything it can to slow the growth of EVs . But in an ironic twist, Trump’s war in Iran is boosting the EV industry globally. After the U.S. attacked Iran in late February and the price of crude oil soared, global EV sales also surged. A new report from Ember , an energy think tank that is tracking EV sales in 56 countries, found that 49 of them have hit new…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Times of India",
        "title": "Iran shifts tactics, steps up ship attacks to pressure Trump before US midterms",
        "url": "https://urgent.news/2026/10/14/iran-shifts-tactics-steps-up-ship-attacks-to-pressure-trump-before-us",
        "published": "2026-10-14T02:31:42.000Z"
      },
      {
        "outlet": "Japan Times",
        "title": "Iran shifting tactics to step up attacks on shipping before U.S. vote, officials say",
        "url": "https://urgent.news/2026/10/14/iran-shifting-tactics-to-step-up-attacks-on-shipping-before-u-s-vote",
        "published": "2026-10-14T03:26:00.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Trump says war with Iran to end soon, energy prices to fall sharply",
        "url": "https://urgent.news/2026/10/14/trump-says-war-with-iran-to-end-soon-energy-prices-to-fall-sharply",
        "published": "2026-10-14T04:29:35.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "'We're going to hit them hard': Trump threatens Iran as Tehran escalates shipping attacks",
        "url": "https://urgent.news/2026/10/14/were-going-to-hit-them-hard-trump-threatens-iran-as-tehran-escalates",
        "published": "2026-10-14T04:30:57.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "US ‘may have gone too far’ in killing Iran leaders, says Trump; cites difficulty over ‘who to deal with’ in peace talks",
        "url": "https://urgent.news/2026/10/14/us-may-have-gone-too-far-in-killing-iran-leaders-says-trump-cites",
        "published": "2026-10-14T05:04:29.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}