[Jtsummers]

It moves up people's purchasing plans. If you were expecting to replace your vehicle in the next two years because of performance degradation, and now your fuel costs are substantially higher, then a purchase today might make more sense than your original plan.

[nielsbot]

Of even if people are just considering and EV as compared to an ICE car they may think "you know what, who knows when fuel prices will come down? maybe I just switch now!"