Global EV Sales Diverge in April as Iran War Lifts Fuel Costs, U.S. Demand Falls

8 articles · Updated · The New York Times · May 13

April data showed electric-vehicle sales rising across Europe, Asia and Latin America, while falling in both the United States and China despite higher fuel prices.
Soaring gasoline and diesel costs tied to the Iran war are pushing many buyers abroad toward EVs, but in the U.S. the bigger brake remains affordability.
U.S. new-car prices average more than $50,000, and economists say higher fuel bills plus war-driven uncertainty are draining household budgets and delaying big purchases.
That pressure is also hitting gasoline- and diesel-powered vehicles almost everywhere, suggesting the oil shock is weakening overall auto demand even where EVs are gaining.

With new car prices over $50,000, has the American dream of car ownership finally become unaffordable?

Is the Mideast oil shock unintentionally handing China the keys to the global auto industry?

Beyond the gas pump, how is the Hormuz blockade crippling the world’s green energy supply chain?