Surging gas prices have more than half of car buyers eyeing EVs and hybrids [Yahoo! Finance]
Cars.com Inc. (CARS)
Last cars.com inc. earnings: 2/26 07:30 am
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Source: Yahoo! Finance
A Cars.com in-market shopper survey found that more than half of car shoppers — 52% — said rising gas prices have led them to consider a full EV or plug-in hybrid vehicle (PHEV). Breaking it down further, 33% said they are more likely to consider a PHEV, while 19% are more inclined to look at a fully battery-electric vehicle. “With the ongoing conflict involving Iran causing elevated gas prices, we have seen a surge in interest for electric vehicles,” Lawrence Hodge, Cars.com news editor, said in a statement to Yahoo Finance. “This sudden interest in EVs is not surprising as we often see this pattern play out when gas prices rise.” Last year, the Trump administration ended the $7,500 EV tax credit, which subsequently crushed EV sales. But now it seems high gas prices — brought on by the US war with Iran — has consumers giving EVs another look. According to AAA, the average price of gas in the US as of Friday stood at $4.06, up from $3.17 a year ago. Read more: How oil price s
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CARS
News
- Looking to get an EV for the first time? How to avoid making a huge financial mistake. [Yahoo! Finance]Yahoo! Finance
- Cars.com's New First-of-Its-Kind AI Video Solution Turns Every Vehicle Into High-Intent Sales Engine [TheStreet.com]TheStreet.com
- Cars.com's New First-of-Its-Kind AI Video Solution Turns Every Vehicle Into High-Intent Sales EnginePR Newswire
- Surging gas prices have more than half of car buyers eyeing EVs and hybrids [Yahoo! Finance Canada]Yahoo! Finance Canada
- Thanks to high gas prices, interest in EVs is soaring [Yahoo! Finance]Yahoo! Finance
CARS
Earnings
- 2/26/26 - In-Line
CARS
Sec Filings
- 4/17/26 - Form ARS
- 4/17/26 - Form DEFA14A
- 4/9/26 - Form 8-K
- CARS's page on the SEC website