‘Perfect storm:’ High gas prices, new rebates boost EV sales, but will it last?
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Article Excerpt
‘Perfect storm:’ High gas prices, new rebates boost EV sales, but will it last?
JASON TCHIR
SPECIAL TO THE GLOBE AND MAIL
PUBLISHED MAY 12, 2026
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After a year of stumbling sales, electric vehicles are finally getting a boost – thanks to the return of the $5,000 EV rebate and higher gas prices.
“Things are looking up for EVs – it’s been a while since I said that,” said Baris Akyurek, vice-president of insights and intelligence at AutoTrader. “What we’re goin…
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