Transportation

EVs won’t save us from high gas prices

Photo by David Crane / MediaNews Group / Los Angeles Daily News via Getty ImagesWith gas prices soaring above $4 a gallon, electric vehicles are starting to look a lot more attractive to car buyers. But a combination of supply chain constraints, the global chip shortage, higher-than-average prices, and low inventory at dealerships will conspire to keep EVs out of reach for most people.
Interest in switching from gas to electric is at an all-time high. Car shopping site Edmunds reports the number of people searching for hybrid, plug-in hybrid, or electric vehicles jumped 39 percent from February to March and 18 percent over the last week.
Following through on that purchase is going to be tough for most people, given the scarcity of new EVs on the market. The EVs that are available are more expensive than their gas…

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