Mar. 15 at 8:40 PM
Post for thought and discussion. No one should expect
$ASPN or any other supplier to EV car market to be a beneficiary of high gas prices in the short run. However, the rise in gas prices that will result if traffic via Straight of Hormuz remains disrupted is already being discussed in financial media.
This probably explains why EVs are already more popular in Europe where fuel costs are always much, much higher than the U.S.
It is also a reminder that even without a return to the
$7,500 federal subsidy, there may be a return to future growth in EV sales in the U.S.
https://www.bloomberg.com/news/articles/2026-03-14/iran-war-reignites-ev-interest-in-us-markets
