Photo Credit: Fair Use [17 U.S.C. § 107]. 2020 Tesla Model 3 pricing ~$20,000–$23,000 with moderate mileage (40k–70k miles).
Gas Prices Are Going Up. What Will It Mean For Electric Vehicles?
05 Mar 2026 | Abstracted from Fast Company
Gas prices are rising after the U.S. attack on Iran, and higher fuel costs could push more buyers toward EVs. Past spikes in the 1970s, 2008, and 2022 boosted demand for efficient cars, including EVs. Post‑2020 data is less clear due to supply issues and shifting incentives, but EVs now have lower lifetime costs, and used EVs - over half under $30k - are especially attractive. High gas prices may accelerate this trend.
ADDITIONAL RELATED NEWS LINKS
- The American EV Industry Is Dazed and Confused
- Experts Say EVs Are Doing Something Shocking in the Resale Market
- California's Novel $3,500 Rebate Aims To Convert FIrst-Time EV Buyers
- 2026 Is Going To Be An EPIC Year To Buy An Off-Lease EV. Here's What You Need To Know
- Used EVs Break Records While Sales of New EVs Plummet
- Used EVs Under $25,000 Propel Sales Even As New Models Languish
- Electric Vehicles Had A Bumpy Road In 2025 - And One Pleasant Surprise
- The Pros and Cons of Buying a Used EV
- 2026 Will Be The 'Year Of The Used EV,' Analyst Says. Here's Why
- Is a Used EV the Best First Car for Teens?
RSStream
- Man discovers incredible hack that allows his Tesla Model 3 to recharge significant % of battery while driving without stopping to charge
- No, Tesla didn't build this bizarre Cybertruck-inspired solar EV: this BMW-backed solar car project uses the sun's rays to commute for free
- AI Data Centers Are Causing Unfathomable Amounts of Air Pollution, and It Gets Worse With Each New One They Build
- Solar Pumps Were Supposed To Help Farmers – Now They're Backfiring In A Big Way Pulling More Water From Aquifers
- Tesla Driver Tries the Old ''I Wasn't Driving" Excuse to Get Out of Speeding Ticket
- This Electric Car Makes More Power Than It Uses - Are Automakers Doing EVs Wrong?
- Practical nuclear fusion milestone achieved, higher plasma pressure feat recorded
- This Company''s New Bladeless Wind Turbines Are A Game Changer For Energy Accessibility
- VIDEO: Top 10 Chinese Cars Canada Gets That America Can''t (This Is Painful)
- Florida Hates EVs So Much It''s Diverting $200 Million From Charging Stations To Flying Cars
