# CEO of Volkswagen's Spanish subsidiary SEAT/CUPRA sees a potential boost to electric vehicle demand if petrol prices remain elevated.

*business · news · 2026-04-09 · MarketScreener*

## Key points

- SEAT/CUPRA CEO Markus Haupt links sustained high petrol prices to increased EV demand.
- Haupt emphasizes that competitive electricity prices are crucial for EV market attractiveness.
- The CUPRA Raval hatchback is the first all-electric urban car from Volkswagen's core brands.
- Haupt identifies electricity pricing as the top priority for boosting EV adoption.

**Companies:** Volkswagen
**Countries:** Germany, Spain

[Read the full story on MarketScreener](https://www.marketscreener.com/news/fuel-hikes-could-drive-ev-demand-but-cheap-electricity-is-key-vw-cupra-ceo-says-ce7e50d8d880f02d)

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