US drivers turn to electric vehicles as fuel prices rise

Rising fuel prices in the United States are driving renewed interest in electric vehicles (EVs). According to research from Here Technologies and SBD Automotive, approximately 56% to 57% of American drivers report that gasoline prices influence their interest in EVs, with 53% more willing to consider an electric model than a year ago.

This shift in consumer sentiment occurs despite the removal of federal tax credits and changing regulatory landscapes. Additionally, perceptions of charging infrastructure are improving; 47% of drivers now view the number of public charging stations as “satisfactory,” up from 28% in 2025. Among current EV owners, 85% rate the network coverage as “good” or “very good.”

However, the transition presents challenges. While EV charging sessions have increased by 34%, new charger installations grew by only 16%, suggesting infrastructure expansion is not keeping pace with usage. Furthermore, the accelerated shift toward EVs could increase demand for critical metals like lithium, nickel, and copper, potentially straining global supply chains.