Impact of Rising Petroleum Product Prices on the Domestic Market: Increased Demand for Electric Vehicles
The Secretary General of the Serbian Association of Vehicle and Parts Importers, Boris Ćorović, appeared on Newsmax Balkans TV, where he discussed current developments in the automotive market.
The discussion focused on the impact of the crisis in the Middle East, with particular emphasis on the rise in oil and petroleum product prices, which has already had a visible effect on the Serbian market—primarily through increased demand for electric light commercial vehicles. Companies and business owners are increasingly recognizing this as a way to protect their operations and optimize costs.
Below is the video of the appearance, analyzing market reactions and changes in demand.