this post was submitted on 02 Apr 2026
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[–] tal@lemmy.today 3 points 1 month ago* (last edited 1 month ago) (1 children)

https://www.forbes.com/sites/edgarsten/2026/04/02/high-gas-prices-boosting-interest-in-evs-but-will-sales-follow/

The rise in gasoline prices due to the effects of the war in the Middle East is sparking increased interest among consumers in electrified vehicles, according to new data released this week by car shopping site CarGurus.com.

But that interest isn’t likely to pay the dividend of a sustained spike in sales of battery electric cars, trucks or SUVs if the war ends soon and gas prices recede.

"It's kind of described as kind of a sugar rush,” observed Kevin Roberts, director of economic and market intelligence for CarGurus, in an interview. “Consumers are highly interested in fuel efficient vehicles when gas prices are going up or at a certain elevated point. Historically, we've seen that as soon as gas prices start to come down, consumers tend to go back to what they like previously, which tends to be large, large SUVs and pickup trucks.”

That view echoes comments from Cox Automotive executive analyst Erin Keating who declared during a webcast March 25, “the one genie that often goes back in the bottle is gas prices. If tensions de-escalate tomorrow and gas stabilizes at, say, $2.80, the urgency to switch power trains fades quickly. This isn't a permanent shift in consumer preference, yet. It's a conditional response to conditions that may or may not persist.”

Meanwhile, in Washington:

Trump delivers jaw-dropping and slurred Iran address that offers no end in sight to unpopular war

I think that the real problem for Trump is going to be getting an AUMF from Congress, but if we assume that the conflict does manage to continue...

[–] BarneyPiccolo@lemmy.today 4 points 1 month ago (1 children)

Wrong, this is the moment that will create a permanent market for EVs forever, and eventually replace internal combustion vehicles altogether.

Older people have known for a long time that you can never trust oil prices to stay stable, ANYTHING can drive them up, even just a regular holiday weekend. This is a wake up call to everyone else. This happens regularly, and if we recover from this one, it will just happen again in a few years, and a few years after that. It NEVER goes down, just up.

Gas prices are now rising to a point where EVs really make sense, and are going to offer peace of mind going forward.

[–] lemmyng@lemmy.world 2 points 1 month ago (1 children)

But then what happens when electricity is captured by barrons similar to oil? Do we move onto solar-powered or wind-powered car batteries? Hydrogen? Cause those are the only natural fuel resources that have yet to be captured because, y'know, they're natural. Shillionaire oil tycoons can't monopolize the wind, the sun, or hydrogen.

Unless, that is, they continue to fuck up the planet to the point where those resources become scarce.

[–] BarneyPiccolo@lemmy.today 2 points 1 month ago (1 children)

I can put solar panels on my roof to charge my car, and run my house. How is some Sociopathic Oligarch going to interfere with that?

[–] kbobabob@lemmy.dbzer0.com 2 points 1 month ago

Did you get a permit for that?

No? Well, I guess we'll have to tear it down.