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Rising Gas Prices Drive More Shoppers to Search EVs
Original: Gas Prices Are Up, And So Are Searches For EVs: Edmunds
Edmunds reports that as gasoline prices climb, consumer searches for electric vehicles are rising as well. The data suggests drivers are weighing the switch to EVs as a way to cut fuel costs, a pattern analysts have observed during previous price spikes at the pump.
Why now: Recent increases in gas prices are prompting drivers to consider electric vehicles as a cost-saving alternative.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/8083