{"id":69861,"date":"2026-03-12T11:25:23","date_gmt":"2026-03-12T11:25:23","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/will-iran-war-linked-leap-in-gas-prices-boost-ev-sales\/"},"modified":"2026-03-12T11:25:23","modified_gmt":"2026-03-12T11:25:23","slug":"will-iran-war-linked-leap-in-gas-prices-boost-ev-sales","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/will-iran-war-linked-leap-in-gas-prices-boost-ev-sales\/","title":{"rendered":"Will Iran war-linked leap in gas prices boost EV sales?"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p>When Kevin Ketels bought an electric 2026 Chevrolet Blazer last year, he wasn&#8217;t thinking about the cost of gas. He just thought EVs were better and &#8220;wanted to be part of the future.&#8221; Now that the Iran war is spiking prices at the pump, the Detroit man is happy he&#8217;s no longer filling up his 11-year-old gas-powered SUV. <\/p>\n<p>&#8220;Electricity can go up, but it won&#8217;t go up nearly as much as gas will and it won&#8217;t go up nearly as fast, either,&#8221; said Ketels, 55, an assistant professor of global supply chain management at Wayne State University. <\/p>\n<p>Experts say prolonged high gas prices may drive some EV interest and sales, especially if drivers assume their electricity prices won&#8217;t be affected by the crises.  <\/p>\n<p>But many factors influence consumer EV purchases &#8211; and electricity rates. <\/p>\n<p>Drivers of gas-powered vehicles are much more vulnerable to fluctuating prices that result from global conflict than those who charge their cars. The national average for a gallon of regular gas this week was $3.57, up from $2.94 a month ago, according to AAA. <\/p>\n<p>Meanwhile, &#8220;residential electricity prices are regulated and are much less volatile than gasoline prices,&#8221; said University of California, Davis economics professor Erich Muehlegger. &#8220;As a result, EV owners are largely unaffected by oil price shocks.&#8221; <\/p>\n<p>But experts say electricity prices have been increasing nationally for a variety of reasons, including surging power demand from new data centers.  <\/p>\n<p>&#8220;This is an inflationary event,&#8221; Holt Edwards, principal in Bracewell&#8217;s Policy Resolution Group, said of the war. &#8220;Is this the driver in electricity prices? I think probably not. But it&#8217;s certainly a contributing factor.&#8221; <\/p>\n<p>To what extent oil and gas conflicts could translate to the electricity sector is yet to be seen. <\/p>\n<p>When it comes to the electricity an EV owner is tapping, much of the cost depends on which sources of electricity are in a local grid&#8217;s power mix, experts say. <\/p>\n<p>Because regulators set residential electricity prices annually, most households are sheltered from month-to-month changes in natural gas costs. Though experts say higher natural gas prices can increase the cost of generating electricity, natural gas prices haven&#8217;t risen as quickly or as much as oil prices have recently. <\/p>\n<p>Those are just two of many energy sources &#8211; including coal, nuclear and renewables &#8211; that power the electric grid. <\/p>\n<p>&#8220;The energy component varies depending on the energy you&#8217;re using and the price of the energy that you&#8217;re using to generate electricity,&#8221; said Pierpaolo Cazzola, an energy expert at Columbia University&#8217;s Center on Global Energy Policy. &#8220;What happens is that in the U.S., the variation of the price of the energy component is smaller than it is elsewhere.&#8221; <\/p>\n<p>The experts said persistent war could affect electricity bills in the future. And that is all the more reason for countries to transition to clean power, they said. <\/p>\n<p>&#8220;Clean power and electrification combined is what provides the most security,&#8221; said Euan Graham, an analyst at energy think tank Ember. <\/p>\n<p>Michael B. Klein, a 56-year-old software developer in Evanston, Illinois, has driven EVs for the past eight years to save on fuel costs and because of environmental concerns.  <\/p>\n<p>Every time electrical grid efficiency improves &#8211; especially as renewables are added &#8211; &#8220;I get that benefit no matter what,&#8221; said Klein, who drives a Chevy Bolt. &#8220;They can improve the efficiency of gas engines, but you have to get a new car in order to reap the benefit of that.&#8221; <\/p>\n<p>Several experts say high gasoline prices are a strong driver of EV sales, particularly if high prices persist. Drivers also consider more gasoline-efficient hybrid vehicles during these times. <\/p>\n<p>Car-shopping resource Edmunds analyzed consumer shopping data for the week starting March 2, after the Iran war had begun. They found that interest in hybrids, plug-in hybrids and battery EVs accounted for 22.4% of all vehicle research activity on their site that week, up from 20.7% the previous week. Analysts also looked back at the last major nationwide fuel price surges in 2022 and saw that consideration of electrified vehicles consideration rose sharply then, too. <\/p>\n<p>But whether this means more EV purchases depends on whether buyers expect to save not just now but in the future, experts say.  <\/p>\n<p>Adding to the complexity: A sudden increase in EV demand could drive up prices, Graham said. <\/p>\n<p>&#8220;I think the real step change would be in whether this causes governments to shift tax, tariff policies around EVs,&#8221; Graham said. Doing so would help reduce fossil fuel dependence, he said. <\/p>\n<p>Pretty much. <\/p>\n<p>People who buy EVs have a &#8220;really substantial&#8221; gas savings over the life of their vehicles even without government tax credits, said Peter Zalzal, an attorney with Environmental Defense Fund. <\/p>\n<p>&#8220;We&#8217;re talking about thousands and thousands of dollars&#8221; in savings, Zalzal said. &#8220;And as gas prices increase, those savings are only greater. Fuel costs are a big piece of overall vehicle costs, and increases in fuel prices have significant impacts on people.&#8221; <\/p>\n<p>However, the upfront cost of a new EV is still more than that of a gasoline-powered vehicle; new EVs sold for an average of $55,300 last month, while new vehicles overall sold for an average $49,353, according to auto-buying resource Kelley Blue Book. Some experts also expressed national security concerns about EVs because China dominates significant parts of the EV supply chain. <\/p>\n<p>Ketels, the EV owner and professor, said he believes EVs and renewable energy should be a strategic priority for individuals and the U.S. because they could be produced domestically &#8220;and we don&#8217;t have those fluctuations and those worries.&#8221; <\/p>\n<p>But because the federal government has withdrawn many incentives for both, &#8220;it puts us at a disadvantage globally,&#8221; Ketels said. &#8220;I think it&#8217;s been a terrible mistake to withdraw these incentives and to attack the sustainable energy industry,&#8221; and the war &#8220;is just making it that much more obvious.&#8221;<\/p>\n<section class=\"content__body--footer\">\n<\/section>\n<p>  <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation  \">\n        <\/aside>\n<section class=\"content__body--footer\">\n      <!-- tags --><\/p>\n<section class=\"content__tags\">\n<p class=\"content__tags__label\">In:<\/p>\n<\/section>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/iran-war-electric-vehciles-sales-gas-prices\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When Kevin Ketels bought an electric 2026 Chevrolet Blazer last year, he wasn&#8217;t thinking about the cost of gas. He<\/p>\n","protected":false},"author":1,"featured_media":69862,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[4107,1528],"class_list":["post-69861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-gas-prices","tag-iran"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Iran war-linked leap in gas prices boost EV sales? - World News<\/title>\n<meta name=\"description\" content=\"Whether the Iran war-linked leap i the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn&amp;#039;t clear-cut.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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