The EV market is on the road to recovery thanks to high gas prices

As the US war on Iran sent gas prices soaring, American car buyers flocked to electric vehicles - and in particular hybrids. After a sluggish winter and fall, EV sales rebounded in the second quarter of 2026, with automakers posting some of their best numbers since the elimination of the federal EV tax credit last year, according to a Q2 analysis from Cox Automotive. I wouldn't go so far as to say EVs are back to their pandemic-era numbers, but there are some promising signs that we may be throu