Rising gas prices could be good news for EVs

What: Rising gas prices could boost electric vehicle sales by **20%** this year.
Why: Higher fuel costs make EVs more competitive, with many models now cheaper to run than gas-powered cars.
Signal: Oil prices have surged to **$120** per barrel, accelerating the shift towards sustainable transportation.
Target: Automakers are expected to sell **3.5 million** EVs in the US this year, up from **2.5 million** in 2025.
Risk: However, supply chain disruptions and battery shortages could limit EV production and impact sales.