03-July-2026
Corporate News
 
Russian Fuel Crisis Prompts Rush for Chinese Electric Cars
03-Jul-2026

A Moscow car dealership is struggling to keep up with demand for new electric vehicles from China as drivers look to sidestep a fuel crisis that has led to long queues and soaring prices across much of Russia. Escalating Ukrainian strikes on Russian energy infrastructure have squeezed gasoline and diesel supplies in recent weeks, prompting restrictions in most regions.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-02/russian-fuel-crisis-prompts-rush-for-electric-cars