High Gasoline Prices Have Consumers Thinking Electric

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Record-high gas prices have more consumers considering electronic vehicles or hybrids WSJWhatsNow

Electric-vehicle entrepreneurs are working on the industry’s biggest bottleneck: charging infrastructure. Companies are building more chargers, but it may not be enough to make EVs work for people who can’t plug in at home. Photo illustration: Carlos Waters/WSJWith gasoline prices setting records across the U.S.

and oil topping $100 a barrel, consumer interest in electric vehicles and other clean energy technologies is speeding up., which hit a nationwide average record high of $4.33 on March 11, are about $1.35 higher than they were a year ago, according to AAA. Every dollar of higher gasoline prices adds more than a $50 increase in households’ monthly expenses, according to Northern Trust.

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