By VoltAdmin·2 replies
The Strait of Hormuz crisis has pushed US gasoline up 43% year over year — but the US EV market isn't simply booming in response. A bifurcated picture: Europe accelerating hard, US new sales down 25–30%, and a used EV market exploding like nothing we've seen.
Read the full article: /articles/energy-crisis-ev-market-2026
Running my commute math in Phoenix: 28 miles round trip, 5 days, 48 weeks. At $4.50/gallon and 28 MPG that's about $1,350/year in fuel. Same miles in my Bolt at $0.10/kWh off-peak TOU is $168. The payback arithmetic on the purchase price has never looked better than it does right now. I understand the macro crisis is real. It just happens to be excellent for the numbers I actually run.
Been filling up on electrons since 2013. Watched gas prices spike and crash three times since then. Each time, a different friend decides now is the moment to look at an EV. What I tell them: don't buy it because of the gas price. Buy it because of what it's actually like to own one. The gas price reason doesn't survive the first time prices drop again.
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