The Iran war sent fuel prices soaring. It’s giving EV sales a boost.
By Chris Hardesty
Published on April 24, 2026.
The rise in gasoline prices is expected to boost EV sales this summer, particularly in the wake of the Iran war, according to reports. However, the trend is not just indicative but also indicative of a shift in the market's direction. As more mainstream brands join the market, Tesla is taking the lead in the EV market. The used EV market continues to strengthen, with rising prices predicted to boost demand.
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