"Early signs suggest that rising gas prices may be prompting some shoppers to reconsider EVs. Over the past several days, we've seen a lift in shopper views of EV listings."
"Online interest in electric vehicles has ticked higher in recent weeks as fuel costs climb, according to data from car-shopping sites and Google search trends. But the spike in curiosity hasn't yet translated into a broader rebound for EV sales, which have been struggling for months."
"Data from Similarweb, a digital market intelligence company, shows website traffic to major EV-only automakers hasn't surged. Visits to Tesla's website were down slightly month over month, while traffic to Rivian and Lucid fell."
Online interest in electric vehicles has increased in recent weeks as gas prices climb above $3 per gallon. CarGurus reports new EV listing views rose nearly 10% since March 1, with used EV interest climbing 15% over the same period. Google Trends data shows searches for used electric cars hitting three-month highs and nearly doubling since late February. However, this spike in online curiosity has not yet resulted in a broader sales rebound, as EV sales have struggled for months. Website traffic to major EV automakers remains relatively flat, with Tesla visits down slightly and Rivian and Lucid experiencing declines. Analysts suggest rising gas prices may prompt shoppers to reconsider EVs, though it remains unclear whether this will translate into actual purchase increases.
Read at Business Insider
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