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High Gas Prices Spark Surge in EV Interest

3/13/2026

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Story summary
  • The ongoing Iran conflict has driven a rise in gas prices, with the national average at $3.58 per gallon.
  • Edmunds reported that searches for electrified models rose from 20.7% to 22.4% in early March.
  • Experts say prolonged high gas prices may boost EV sales because electricity costs are generally more stable.
  • But the upfront cost of EVs remains higher, and limited affordable options and government support complicate switching from gas.