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AAP
AAP
National
Jennifer Dudley-Nicholson

Petrol price hikes fuel record electric vehicle sales

Electric vehicles are on track to represent half of all vehicles sold in 2035, an IEA report found. (Joel Carrett/AAP PHOTOS)

Global oil shortages are driving more motorists to buy electric vehicles, with predictions they could account for almost one in three cars sold worldwide within a year.

Australian drivers could be among those behind the trend after a report found local motorists would save an additional $688 with an EV due to record petrol price increases.

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