Gas prices are spiking — don't expect sales of electric vehicles to follow - CNBC


3/9/2022 12:00:00 AM3 years 1 month ago
by Michael Wayland

Supply chain problems, pent-up demand and record-low vehicle inventory levels mean many new cars and trucks, including EVs, are already spoken for before they reach dealers lots.

High gas prices are displayed at a Shell station on March 7, 2022 in Los Angeles, California. Consumers hoping to switch to an all-electric or more fuel-efficient vehicle, while Russia's invasion of… [+3614 chars]

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