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[NEWS] Rising gas prices are nudging shoppers back toward EVs:
Gas prices have climbed to about $3.58 per gallon.
And early signs show the shift is affecting shopper behavior.
According to Edmunds:
Electrified vehicles made up 22.4% of all vehicle research last week, up from 20.7% the week before.
Most of that increase came from battery-electric vehicles, which saw the biggest jump in interest.
That said, interest doesn’t always translate to sales.
Average new-vehicle prices now sit around $48,766, with loan rates near 7%, making the switch to an EV a much bigger financial decision than during past fuel spikes.
Read today’s top automotive stories, presented by @Cars_Commerce :
(Source: Edmunds)

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