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Demand for electric vehicles spike as gas prices continue to increase

Summary by NBC Bay Area
Electric vehicles are jumping to the top of the list for a growing number of car shoppers.

4 Articles

Successive fuel price increases have raised costs, changing citizens' car preferences. Those wanting to save on fuel costs have turned to electric vehicles. The possibility of charging at home has been a major factor in this choice. Increased demand for electric models in the used car market has also led to higher prices.

While the cost of driving 100 kilometers in a gasoline car approaches 592 Turkish Lira, it rises to 570 Lira for diesel and 371 Lira for LPG. With home charging, this amount remains at 60-90 Lira for electric cars. The significant difference in fuel costs is shifting demand towards electric vehicles in the used car market, with some models seeing price increases of up to 20% in the last three months.

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NBC Bay Area broke the news in San Jose, United States on Friday, October 2, 2026.
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