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Gas Prices Are Surging. Is This The EV Market's Big Moment? Maybe Not - Vimarsana News

Gas Prices Are Surging. Is This The EV Market's Big Moment? Maybe Not

As gas prices spike, consumers are expressing greater interest in hybrid and electric vehicles (EVs). And automakers’ advertising budgets are off the charts. But economic conditions including ongoing supply chain delays, semiconductor shortages and the ‘unprecedented’ inflation of nickel costs associated with Russia’s new commodities export ban stand to hurt EV adoption rates everywhere.