Within three months of the U.S. and Israeli strikes on Iran on Feb. 28, 2026, the average price of gasoline for American drivers climbed from US$2.94 to $4.35 a gallon. If there was ever a moment for Americans to switch to electric vehicles, this was it.
From March to May 2026, in fact, sales of hybrid electric vehicles were 18% higher than over the same months in 2025.
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