Electric vehicle sales in the United States are climbing sharply even after federal tax credits were cut, and analysts say higher gasoline prices may be a key factor. New data from the U.S. Department of Energy shows that used EVs are now being purchased at a rate that rivals the growth seen in the past decade, with demand outpacing supply in several major markets. Experts point to the cost savings of lower maintenance and fuel expenses, as well as a growing awareness of environmental benefits, as drivers of the trend. Meanwhile, rising fuel prices are nudging more consumers toward the second‑hand market, where vehicles can be bought for a fraction of the price of new models while still offering modern technology and long battery life.
Used EV Sales Are Surging Even Without Tax Credits and Rising Gas Prices May Be Helping ZME Science
