Iran war triggers oil price surge, American public's interest in electric vehicles soars

Golden Ten Data reported on March 21 that after Trump decided to attack Iran, causing gasoline prices to surge, American car buyers' interest in electric vehicles has soared. The cost of fueling cars in the United States has reached its highest level in nearly three years, with the national average gasoline price at $3.90 per gallon on Friday. This has led to a surge in interest in electric vehicles among American drivers. According to data from the car purchasing platform CarEdge, searches for electric vehicles have increased by 20% since Iran was attacked three weeks ago. It is still unclear whether this new interest in electric vehicles will persist and how it will affect market share. The United States lags behind many other wealthy countries in electric vehicle sales and charging infrastructure. Last year, a spending bill passed by the Republican Party severely impacted electric vehicle sales, gradually eliminating incentives from the Biden era that encouraged the purchase of pollution-free cars.