Granholm Says Higher Gasoline Prices May Spark Increased EV Interest

Energy Secretary Jennifer Granholm says higher gasoline prices may push more car buyers toward electric vehicles (EVs), bolstering Biden administration climate goals of ensuring half of new cars sold by 2030 are EVs as well as related goals of lowering EV battery costs. “It’ll be interesting to see what the impact higher gasoline prices has on moving people” toward EVs, Granholm said at the Auto Innovators Summit Nov. 4. “Obviously we want it to be affordable for people to drive...