Why $4 gas won’t spark an EV buying spree

Yustine Chang and her husband only have half the concern about gas prices they did a week ago.

The soaring price of gas near their Southern California home wasn’t the only reason they replaced their eight-year-old Mercedes C-class sedan with their first electric vehicle, a Rivian R1 SUV.

But it made the decision easier. Especially since their other car, a three-year old Mercedes GLS SUV, is a “gas eater.”

“The last time we filled up and gas was over $6 a gallon, that made our decision to look for an EV car a lot quicker,” Chang said. California has the highest average gas

Related News

CNN economic analyst breaks down the ‘Wall Street versus Main Street divide’ | CNN Business

Police identify victim in deadly shooting after graduation ceremony in Fairfield

Elon Musk is poised to become the first trillionaire. Just how much money is $1 trillion?

The Moons of Uranus May Hold the Key to Finding Missing Planets

4 AI Prompts That Tripled a One-Person Business’s Revenue in 12 Months (No Team, No Funding, No Guessing)

The US Has a Plan to Combat Screwworm. It Involves a Lot More Flies