High petrol prices fuelling interest in electric cars

Spiking petrol prices are forcing small firms like Kristian Milosevski's construction outfit Zipclad to rethink the way they do business, and even consider switching to electric vehicles.

High petrol prices are creating serious overheads
for businesses, says Kristian Milosevski from Zipclad.

"High prices are definitely starting to bite into our budgets, with companies like myself, we're always on the road so we're driving all over [the city], petrol is a big overhead," Mr Kristian Milosevski told Fairfax Media as he was filling up his car on Tuesday.

Petrol prices have risen sharply this month close to 10-year highs. The most expensive regular unleaded petrol in Sydney on Tuesday was $1.68 per litre and in Melbourne $1.70 a litre. Whereas petrol retailers like Caltex and BP were buying their petrol from suppliers for $1.40 a litre.

Read the story by Cole Latimer from The Age - “High petrol prices fuelling interest in electric cars.”