Iran War Is Pushing Consumers to Break Up With Fossil Fuels
Just weeks ago, the US electric car market looked moribund. Amid plummeting EV sales, dealers were offering discounts as Detroit automakers scrapped electric lineups to make more gas-guzzling SUVs.
Then oil prices surged after the US and Israel attacked Iran.
Now, a used electric car showroom in San Francisco suggests the tide is turning again. As gasoline prices climb — hitting $6.81 a gallon at a nearby station on Wednesday — a flurry of drivers are making appointments to check out Ever’s lightly used EVs, many priced under $30,000.
“Gas prices are coming up in almost every customer conversation,” said Maximilian Quertermous, Ever’s co-founder and chief operating officer. “The momentum of the last few weeks is among the strongest we’ve seen.”