Report: High oil prices forcing firms to weigh green car options

Will Nichols
clock

Survey reveals around a quarter of businesses actively exploring switch to alternative fuel vehicles in response to soaring oil prices

Oil prices that have stubbornly remained above $100 a barrel have prompted around a quarter of businesses to look at alternative fuel vehicles as a way of cutting costs, new research has revealed. Asian...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

'Well within reach': EV charging sector could boost UK economy £15.5bn by 2035

'Well within reach': EV charging sector could boost UK economy £15.5bn by 2035

Analysis from ChargeUK and LCP Delta reveals multi billion-pound opportunity for EV charging sector in the UK, provided ZEV Mandate remains on track

James Murray
clock 10 June 2026 • 6 min read
Mazda revs up plans for on-car carbon capture system

Mazda revs up plans for on-car carbon capture system

Auto giant said positive results from trialling technology in race cars suggests it could be used in consumer vehicles to reduce CO2 emissions

clock 10 June 2026 • 2 min read
Study: Petrol drivers' fuel costs already exceed EV drivers' annual charging costs

Study: Petrol drivers' fuel costs already exceed EV drivers' annual charging costs

Analysis shows rising petrol prices have pushed the cost of fuelling the average petrol car to £1,353 a year, compared to just £592 for an EV driver charging at home

clock 09 June 2026 • 2 min read