Rising petrol prices drive Australian demand for electric vehicles and price surge

Rising petrol prices have driven Australian buyers toward electric vehicles, leading to a surge in second-hand EV prices over the past fortnight. The Tesla Model Y rose 3.63 percent while the Mahindra XUV3X0 plunged 15.5 percent. MotorMetrics founder Jake Sale noted a significant shift in demand as traditional valuations are disrupted amid the fuel crisis.

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