Rising Gas Prices Fuel EV Sales Rebound in Q2 2026

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Electric vehicle sales in the United States recovered in the second quarter of 2026, rising 14.7 percent from the previous quarter to approximately 247,000 units, according to Cox Automotive data. The uptick followed a weak fall and winter period and came amid surging gas prices linked to US military tensions with Iran. Hybrids were among the most popular choices as consumers sought fuel-efficient alternatives. The rebound marks some of the strongest EV sales figures since the federal EV tax credit was eliminated the prior year, though sales have not yet returned to pandemic-era peaks.

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