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Story summary
- Rising gasoline prices due to ongoing geopolitical tensions are increasing interest in electric car ownership.
- Electric vehicles still cost about $6,500 more on average than combustion-engine cars.
- Their financial advantages may offset the higher upfront cost for some drivers.
- Edmunds’ platform shows interest in EVs rose from 21% to 24% in March, reflecting a broader shift.
- The decision to buy an EV involves both financial and non-financial considerations.
