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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

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New Jersey marks up EV ownership with additional $1,000 fee

Baua Electric

New Jersey is introducing an additional registration fee for EVs. Governor Phil Murphy signed a law last week renewing New Jersey’s transportation trust fund that adds an annual fee set at $250 this year, and rising $10 over the remaining four years covered by the legislation, bringing it to $290.

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You Can Get A New Tesla Model 3 For $20,000 In New Jersey (Maybe)

CleanTechnica EVs

continued] The post You Can Get A New Tesla Model 3 For $20,000 In New Jersey (Maybe) appeared first on CleanTechnica. There’s been much discussion this year about bringing down the upfront price of a Tesla, and about how much demand.

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New Jersey resuscitates offshore wind with two new projects

Baua Electric

Photo: Ocean Wind 1 Ørsted dealt New Jersey a massive blow by canceling 2.2 GW of new projects to its pipeline. New Jersey was expected to announce another offshore wind solicitation at the beginning of 2024, and it’s delivered. gigawatts (GW) of offshore wind last year, but the state just added 3.7

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Power Up Your Garden State Business With New Jersey EV Incentives

EV Connect

Thanks to extended federal tax credits and robust New Jersey state EV charging incentives, this is the best time to invest in EV charging. Federal Tax Credits Regardless of your location, there is good news for businesses ready to upgrade their fleet to EV or offer cutting-edge service to their customers and employees.

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US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

New York carried the highest rate of cases during the reporting period. Drivers there and in the surrounding states of New Jersey, New York, Rhode Island, Connecticut, Massachusetts and Vermont drove at least 80% fewer miles after shelter-in-place directives began. Fuel saved, tax revenue lost. billion per week.

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NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

Green Car Congress

The increase brings the gasoline tax from $0.414 to $0.507 per gallon (22.5%). Under the 2016 law (Chapter 57) signed by Governor Christie, New Jersey’s TTF program is required to provide $16 billion over eight years to support critical infrastructure improvements to the state’s roadways and bridges. million.

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