Oil and gasoline prices are rising as the war in Iran intensifies and other global conflicts affect supply. That means pain at the pump for drivers filling up with gas. But electric vehicle drivers are largely unaffected by spikes in oil prices. Electricity prices — even as different grids have different power mixes — are more regulated. Experts say prolonged high gas prices may drive some EV interest and sales. Car-buying resource Edmunds says it has seen an uptick in people researching EVs and hybrids. But the experts also say just how far that will go is unclear. And in the U.S., significant incentives to buy EVs have gone away.
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AP Wire
It seems that a country divided on many fronts is finding common ground at the gas pumps. There, the cost of the Iran war is hitting Americans squarely in the wallet and aggravating people across the political spectrum. That was the message from Associated Press interviews Monday with people at gas stations and beyond in five states. The national average gas price was $3.48 a gallon on Monday, up from $2.90 a month ago, before the war, according to tracking by AAA. But in interviews, some owners of electric vehicles expressed renewed gratitude for their vehicle choice as they sit out the sticker shock.
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Some families are still facing hours long delays as their children ride buses to and from school.