The world’s EVs were already replacing 70% of Iran’s oil exports. The war just made that matter

But the Iran conflict has sparked a revival of consumer interest. Search traffic for EVs during the first week of the conflict jumped 20% , according to CarEdge, a car shopping platform, with interest in popular models like the Tesla Model Y and Chevrolet Equinox nearly doubling.In the U.S., EV purchases hit a wall over the past few months as President Donald Trump rescinded many of the subsidies and incentives the Biden administration had installed to facilitate the transport sector’s electrification. Thos ...