this post was submitted on 06 Apr 2026
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[–] manxu@piefed.social 4 points 27 minutes ago

The high gas prices may have added fuel to the fire, but the best news here is that used EVs are growing in popularity. That is a consequence of us finding out batteries don't degrade as fast as we first imagined, which makes used EVs a lot more interesting.

In the short term, that kills the market for new EVs, since used ones were so dirt cheap. In the long run, the resale value of new EVs will be much more stable, eliminating the last downside they had.

(Obviously, many car makers saw the short term pain and gave up on the entire market. That is of course because car maker CEOs are absolutely brilliant people with foresight and strategic thinking. Just kidding: they occupy the only category of jobs that should absolutely be replaced by AI.)

[–] mesamunefire@piefed.social 14 points 1 hour ago

I remember the last time gas prices went through the roof.

I was riding my bike with my wife, going to the goshery store. A guy yelled out of his truck. I was like here we go....(im used to harassment on bikes). He said "Yeah! Stick it to em!"

We were just poor at the time, but it made our day haha.

[–] _haha_oh_wow_@sh.itjust.works 1 points 21 minutes ago (1 children)
[–] Chivera@lemmy.world 1 points 4 minutes ago

I wish work was close enough for this

[–] DarrinBrunner@lemmy.world 5 points 1 hour ago (2 children)

Who are these people that just go out and buy a car because gas prices went up? Does going into debt and paying interest on a loan make sense just to save a few bucks on gas?

[–] chahn.chris@piefed.social 15 points 1 hour ago (1 children)

They are probably people that were already looking or anbout to start looking for a new car and pivoted to EV based on current conditions.

[–] acosmichippo@lemmy.world 1 points 49 minutes ago* (last edited 48 minutes ago)

just goes to show how people overreact to gas prices. they could have bought a <$25k used EV last year and saved $4k with the EV tax rebate. $4k is equivalent to $33/month over 10 years.

[–] bluGill@fedia.io 3 points 54 minutes ago

Maybe. The average driver is spending just under $200 per month now on gas (14000 miles per year at 20mpg, gas $3/gallon - you can adjust numbers as you want, these are reasonable but some cars better fuel ecconomy) if you drive more than average it is possible to make payments on fuel savings in some cases.

or in my case the old car was going to be replaced anyway. Paymets were a given, so saving over $100 a month in fuel was a nice bonus. There are a lot of people who are buying something different anyway who care about their budget.

[–] leoj@piefed.social 1 points 36 minutes ago

BUT WAI WULD NE1 EVR WANT AN EV?

EVS ARE DEAD! (/s)

[–] GutterRat42@lemmy.world 12 points 2 hours ago (1 children)

Trump may be the best thing to happen to energy since we discovered fusion.

[–] acosmichippo@lemmy.world 1 points 46 minutes ago* (last edited 45 minutes ago) (1 children)

unfortunately he's decimating green energy in pretty much every other area. especially wind.

[–] MinFapper@startrek.website 1 points 29 minutes ago

In the US

FTFY. The long term outcome for this is that the world stops revolving around the US. For better or for worse