Rising gas prices are good news for EV sales, for now

April 2, 2026 Lawrence Ulrich

Chevron gas price sign

It's become an American truism: Once you buy an SUV, there's no going back. And our love affair with pickups has been documented in a million country songs and TV commercials.

But a brutal spike in gasoline prices - nipping $4 nationwide for a gallon of unleaded, up from $3 when the bombs first began to fall on Iran - has some car shoppers considering energy-saving alternatives.

Tomi Mikula is the founder of Delivrd, a car-buying consultancy that's built a following through hardball negotiations with dealers on behalf of buyers. Among customers, "We've seen a big transition to hybrids especially in just the past few weeks," Mikula says. "T …

Read the full story at The Verge.

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