Automotive
Gas prices have a $5 tipping point: New research shows when Americans start looking at EVs
Last Updated on June 8, 2026 by Daily News Staff
Gas prices have a $5 tipping point: New research shows when Americans start looking at EVs
(Tiffany Miller for Hyundai) There is a moment at the gas pump when the number staring back at you stops feeling routine.
You expect the total to land somewhere familiar. And then, one day, it doesn’t. Not dramatically higher. Just high enough to feel different. Enough to make you pause before tapping your card.
According to new research from Hyundai Motor America, that moment is not hypothetical. For more than a third of American drivers, it has already happened. And for many, once it does, something shifts that does not quite shift back.
For 42% of Americans, pulling up to a pump now brings frustration or outright dread. Most have made peace with the routine, even if 39% describe their gas spend as “frustrating but expected.”
The experience at the pump hasn’t changed. The emotional weight of it has.
Most drivers have a number in their head where the math shifts. For 23% of those surveyed, $5 per gallon is where they would seriously start considering alternatives to a gas-powered vehicle. Not everyone will be moved by price, and 29% say they would not consider alternatives based on gas costs at all. But for a meaningful share of Americans, the tipping point is specific. It is a number on a sign, and many have seen it before.
More than one-third of Americans surveyed say a recent fill-up has already prompted them to research electric vehicles, and 23% say it has happened more than once.
What comes next is rarely dramatic. Some compare models or brands. Some search online. Some find themselves on an automaker’s website, further along than they expected to be. Most do not act on this impulse right away. But for a growing number, the pump is where the question starts.
The shift is real but uneven. If gas prices rose significantly and stayed high, 46% of those surveyed say they would be likely to seriously research an EV. Yet most Americans are still somewhere between curious and committed.
The pitch for electric vehicles is simple. Never stop for gas again. Nearly half of Americans say they would absolutely take that deal.
The transition is not frictionless. Charging access and range anxiety remain the top concern for 28% of potential buyers, and simple comfort with the status quo runs just as deep.
The desire to leave the pump behind is real. So is everything standing in the way.
The move toward electric vehicles is often framed as a long-term decision made with spreadsheets and incentive calculators, but for many Americans, it begins somewhere smaller. A routine fuel stop. A number that lands differently. A moment of hesitation before the receipt prints.
Methodology
Hyundai Motor America commissioned Atomik Research to conduct an online survey of 1,000 adults throughout the United States. The margin of error is plus or minus 3 percentage points at a 95% confidence level. Fieldwork was conducted between April 3 and April 6, 2026.
Atomik Research, part of 4media group, is a creative market research agency.
Photo courtesy of Shutterstock (woman at gas pump)
SOURCE:
Hyundai
Welcome to the Consumer Corner section of STM Daily News, your ultimate destination for savvy shopping and informed decision-making! Dive into a treasure trove of insights and reviews covering everything from the hottest toys that spark joy in your little ones to the latest electronic gadgets that simplify your life. Explore our comprehensive guides on stylish home furnishings, discover smart tips for buying a home or enhancing your living space with creative improvement ideas, and get the lowdown on the best cars through our detailed auto reviews. Whether you’re making a major purchase or simply seeking inspiration, the Consumer Corner is here to empower you every step of the way—unlock the keys to becoming a smarter consumer today!
https://stmdailynews.com/category/consumer-corner
Automotive
EV Interest Climbs as Gas Price Uncertainty Pushes Families Toward Electric SUVs
With ongoing uncertainty surrounding global oil prices, more U.S. consumers are buying and showing more interest in electric vehicles (EVs). The shift comes as car shoppers weigh fuel costs, improving affordability and a growing number of family-friendly electric SUVs.
EV Interest Climbs as Gas Price Uncertainty Pushes Families Toward Electric SUVs
(Feature Impact)With ongoing uncertainty surrounding global oil prices, more U.S. consumers are buying and showing more interest in electric vehicles (EVs). The shift comes as car shoppers weigh fuel costs, improving affordability and a growing number of family-friendly electric SUVs.
Watch this video to learn more
According to Spectrum News, EV sales increased in the first quarter of this year. In the same time frame, interest in new EVs increased 16% and interest in used EVs increased by 30%. As families look for opportunities to ditch the gas pump without sacrificing power or space, new all-electric options create a compelling argument for families to turn to EVs.
For those looking to offset their weekly fuel up, the 2026 Kia EV9 can save drivers around $1,800-3,400 per year compared to gas-powered SUVs. Cars.com named the 2026 Kia EV9 the Best Electric Vehicle of 2026 for the second consecutive year.
“The Kia EV9 stood out because it delivers everything we want from a modern electric SUV – strong real-world range, fast charging, excellent space and comfort, and smart flexibility across the lineup,” said Mike Hanley, Sr. Road Test Editor, Cars.com.
For those who aren’t ready to switch to a fully electric vehicle, Kia has expanded its hybrid options. The 2026 Kia Sportage Hybrid adds horsepower and updated design features, while the Kia Telluride model offers a hybrid version for the first time with a total driving range of up to 637 miles on the Ex FWD-trim.
To learn more about the Kia EV9 and Kia’s hybrid models, visit Kia at kia.com.
SOURCE:
🚗 Stay in the driver’s seat with the latest automotive news, vehicle reviews, industry updates, recalls, and buying tips. Share your opinions in the comments and subscribe to the STM Daily News newsletter for the latest Consumer Corner Automotive stories delivered straight to your inbox.
Consumer Corner
Ford Fathom vs. Slate Truck: The Battle for the Affordable Electric Pickup
Ford Fathom vs Slate Truck: Compare price, features, range and practicality as two affordable electric pickups prepare to battle for buyers.
For years, one of the biggest complaints about electric vehicles has been simple: they cost too much.
Electric pickup trucks have made that problem even more obvious, with many models carrying prices that can quickly climb well beyond what an average truck buyer might want to spend.
Then came Slate Auto, promising something radically different — a small, simple electric pickup with a starting price below $25,000 before destination charges.
Now Ford is entering the conversation.
Meet the Ford Fathom, an upcoming midsize electric pickup expected to start at just $28,350 before destination charges.
And suddenly, the affordable electric truck market is getting very interesting.
What Is the Ford Fathom?
The Fathom is more than another electric Ford.
It’s the first production vehicle based on Ford’s new Universal Electric Vehicle Platform, an architecture designed specifically to reduce the cost and complexity of building EVs.
Ford plans to build the Fathom at its extensively retooled Louisville Assembly Plant in Kentucky, with production scheduled to begin in 2027.
The company says the standard-range Fathom will carry a starting MSRP of $28,350, before destination charges. Preorders are expected to begin in early 2027.
That puts Ford remarkably close to one of the most talked-about inexpensive EVs in America: the Slate Truck.
Remember the Slate Truck?
We previously covered the Slate Truck because its concept is refreshingly simple.
Instead of building an expensive truck loaded with equipment and then trying to make it cheaper, Slate essentially started with the minimum necessary to make a useful electric pickup.
The result is an intentionally basic two-seat truck.
Slate’s latest specifications list a 65-kWh LFP battery, rear-wheel drive, an estimated 205 miles of range, a 5-foot bed, 7-cubic-foot front trunk, maximum payload of 1,550 pounds and maximum towing capacity of 2,000 pounds. Slate emphasizes that these remain manufacturer estimates because the truck is still in preproduction.
The Slate’s philosophy could almost be summarized this way:
Here’s the truck. Add what you want.
That’s part of its appeal.
But Ford has apparently decided there is another way to build an inexpensive electric pickup.
Ford’s Approach: Give Buyers More From the Beginning
This may be the most important difference between the two trucks.
The Slate is deliberately minimalist.
The Fathom is being designed to feel more like the modern vehicle consumers already expect.
Ford says the Fathom will seat five people and offer features including a large high-resolution touchscreen, Apple CarPlay and Android Auto capability, digital-key capability and bidirectional power.
Every Fathom will also be BlueCruise-capable, although use of Ford’s hands-free highway-driving technology may require activation or a subscription depending on how Ford ultimately packages the service.
That creates a fascinating comparison.
The Slate asks:
How much equipment can we remove to make an EV affordable?
Ford appears to be asking:
How can we manufacture an EV differently so we don’t have to remove as much?
Those are two very different solutions to the same problem.
Ford Is Reinventing the Assembly Line, Too
Perhaps the most interesting part of the Fathom isn’t the truck itself.
It’s how Ford intends to build it.
Ford is introducing what it calls an “assembly tree” at its Louisville factory.
Rather than moving an entire vehicle through a conventional linear assembly process, major portions of the Fathom can be constructed separately before being brought together.
Ford is also using large castings and other manufacturing changes intended to reduce complexity and production time.
The company says the approach could improve manufacturing efficiency by approximately 15 percent.
In other words, Ford isn’t simply trying to build a cheaper electric truck.
It’s trying to develop a cheaper way of building electric vehicles.
If it works, the implications could extend well beyond the Fathom.
Ford Fathom vs. Slate Truck
Here’s where the matchup currently stands:Feature Ford Fathom Slate Truck Vehicle Midsize EV pickup Compact EV pickup Starting MSRP $28,350 before destination Under $25,000 before destination Seating 5 2 in pickup configuration Drive Details pending Rear-wheel drive Battery Standard-range version confirmed; capacity TBD 65-kWh LFP Estimated range Not yet announced 205 miles* Bed Yes; dimensions TBD 60.5 inches Frunk Yes 7 cu. ft. Payload TBD Up to 1,550 lb. Towing TBD Up to 2,000 lb. Touchscreen Yes Minimalist device-based approach Power windows Expected as conventional equipment Manual in base configuration BlueCruise capability Yes No Bidirectional power Yes Not comparable at present Production 2027 Preproduction/launch phase
*Slate’s range figure is a manufacturer estimate approximating the EPA test cycle and is not yet an official EPA range rating.
Slate Still Has an Important Advantage
None of this necessarily makes the Slate irrelevant.
In fact, Slate’s simplicity could become its greatest selling point.
Some buyers don’t want increasingly complicated vehicles dominated by giant screens, software subscriptions and electronic features.
They want something closer to the small pickups Americans could buy decades ago:
simple, useful and relatively inexpensive.
Slate also places customization at the center of the ownership experience. Its pickup can effectively serve as a blank canvas for owners who want to configure the vehicle around their needs.
For a small business, delivery operation, hobbyist or someone who simply wants a basic runabout with a pickup bed, that could be extremely attractive.
Ford is selling an affordable modern EV.
Slate is selling an affordable platform you make your own.
But Ford Has One Enormous Advantage
Ford is Ford.
That matters.
Slate is attempting one of the hardest things imaginable in the automotive industry: launching a new automaker while simultaneously designing, manufacturing, selling and supporting an entirely new vehicle.
Ford already has factories, suppliers, dealerships, service departments, financing operations and parts-distribution networks throughout the country.
That doesn’t guarantee the Fathom will succeed.
But it eliminates many of the uncertainties consumers face when buying a vehicle from a startup.
And when the difference between two vehicles could amount to only a few thousand dollars, that established infrastructure becomes an important part of the purchasing decision.
The Biggest Question Is Still Range
There’s one specification we desperately need before declaring a winner:
How far will the Ford Fathom travel on a charge?
Slate currently estimates approximately 205 miles from its 65-kWh battery.
Ford has confirmed that the $28,350 Fathom will use a standard-range battery, with a longer-range version expected, but the company hasn’t yet revealed official range figures.
If Ford can deliver competitive range while keeping the Fathom around the promised $30,000 threshold, it could become one of the most consequential affordable EV introductions in years.
If the base truck’s range is significantly lower, however, Slate’s proposition starts looking considerably stronger.
The Affordable Truck May Be Making a Comeback
Perhaps the most encouraging part of the Fathom-versus-Slate story has nothing to do with which company wins.
It’s the fact that manufacturers are once again talking seriously about affordable trucks.
Pickup trucks have become larger, more luxurious and substantially more expensive over the past several decades.
Slate went in the opposite direction by asking how little truck someone actually needs.
Ford is now asking whether advanced manufacturing can deliver more vehicle without dramatically increasing the price.
Those philosophies are about to meet in the marketplace.
And consumers may ultimately be the winners.
For now, we’re calling this one:
Slate is the fascinating minimalist. Ford Fathom is the potentially formidable mainstream challenger.
But we’re reserving final judgment until Ford tells us the numbers that matter most — EPA range, battery capacity, payload, towing capacity and what buyers will actually pay when the truck reaches dealerships.
What do you think? Would you choose the ultra-simple Slate Truck, or spend a little more for the five-passenger Ford Fathom? Let us know in the comments.
Follow STM Daily News Consumer Corner Automotive for updates as Ford releases additional Fathom specifications and as the Slate Truck moves closer to customer deliveries.
Sources & Related Links
- Slate Auto — Official Website — Official information on the Slate Truck, customization options, pricing and projected range. Slate currently lists the Blank Slate at $24,950 with 205 miles of projected range.
- Slate Truck — Official Specifications — Detailed manufacturer specifications covering the 65-kWh LFP battery, dimensions, charging, 1,550-pound maximum payload, 2,000-pound towing capacity and projected 205-mile range.
- Slate Auto FAQ — Useful background on pricing, deliveries, charging and Slate’s unusual minimalist approach. Slate says first deliveries are planned for late 2026 and lists a $1,450 destination charge.
- Slate Press Kit — Particularly useful for STM Daily News because Slate provides official high-resolution photography, video and media materials here.
- Slate — Getting Your Truck — Explains Slate’s direct-to-consumer purchasing process, preorders and expected delivery process.
(Feature Impact) Review any driver’s road trip checklist, and you’ll likely find some items always top the list, such as suitcases, snacks and (sometimes) a spare tire.
New research from Hankook Tire’s ongoing consumer Gauge Index Survey found that, when packing for a road trip, nearly 6 in 10 drivers (58%) said they would prioritize bringing a spare tire and tools. While the majority said they check their spare tire, getting stuck without air in the spare could quickly turn an adventure into a headache.
Before you hit the road next, here are three ways to prepare:
1. Check your vehicle.
Preparing for a long road trip requires more than simply saving room in the suitcase for souvenirs. Once the bags are packed, it’s easy to get behind the wheel and go. However, a quick car inspection is an important step, especially as 36% of Americans said if they could eliminate one travel inconvenience, it would be vehicle issues.
According to the survey, nearly all drivers (86%) check their fuel level before a road trip. Yet only about two-thirds (66%) inspect their engine fluids even though this is also a key recommendation before a long drive. Don’t forget to plan your refueling or EV charging stops ahead of time: 27% of drivers said running out of fuel is their top concern on the road.
2. Kick the tires.
Most drivers (78%) check their tire pressure before a road trip, and the majority of drivers (90%) have a spare tire in their vehicle. Yet less than half (44%) actually check their spare tire before a long drive. This may be because 71% of drivers regularly inspect their spare at least once a month, giving them peace of mind that it’s ready if needed.
Before heading out, experts recommend checking tire tread, as well. A quick coin test can confirm your tires are in good shape. Insert a nickel or quarter heads-down into the groove of the tire with the head pointing down. If the top of the head is visible, it’s recommended to replace the tires.
3. Pack the emergency essentials.
Beyond the phone charger and salty-and-sweet snack combo of choice, think about what else you might need if you find yourself in a roadside emergency. Many drivers consider a first-aid kit (25%) and navigation system or map (35%) essential additions to a spare tire. The latter could certainly help avoid many drivers’ biggest worries: More than 1 in 5 (21%) said getting stranded in a remote area is their worst-case scenario for a road trip mishap.
No matter where your journey takes you, a little preparation goes a long way. By referring to these insights from Hankook Tire’s Gauge Index Survey, you can start your adventure confidently prepared for whatever the road may bring.
Photo courtesy of Shutterstock
SOURCE:
🚗 Stay in the driver’s seat with the latest automotive news, vehicle reviews, industry updates, recalls, and buying tips. Share your opinions in the comments and subscribe to the STM Daily News newsletter for the latest Consumer Corner Automotive stories delivered straight to your inbox.
