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AAP
AAP
Adrian Black

EV loans double as pressured drivers dodge petrol pump

The start of war in the Middle East has triggered a surge in EV loan applications in Australia. (Joel Carrett/AAP PHOTOS)

US-led attacks on Iran and their subsequent impact on oil prices have turbocharged Australian demand for electric vehicles.

Loans for EVs have doubled during March after the attacks began on February 28, as Australians seek to dodge soaring petrol and diesel prices, data from National Australia Bank shows.

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