The Cool Down: “Higher US Gas Prices Steered Car Shoppers to Hybrids”
This story highlights a recent blog post about trends in vehicle sales following the start of the war in Iran.
“Using Argonne National Laboratory sales data, Resources found that electric vehicle (EV) sales increased somewhat after February, but conventional hybrids saw a much stronger increase. From February to May 2026, the share of gasoline-powered vehicles in new sales fell from 80 percent to 76 percent.
The analysis estimated that, during that span, about 56,000 households chose a hybrid or an EV instead of a gasoline vehicle. Roughly 38,000 selected conventional hybrids, while about 18,000 bought EVs.”