2011, Conversion, Fuel Tax and Price

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2011

Conversion

Fuel Tax

Price

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

Credit the EV’s advantage to its greater efficiency in the conversion of chemical energy to motion—77 percent, compared with 12 to 30 percent for a gasoline car—along with the potential to generate electricity using low-carbon sources. Governments have offered subsidies or tax rebates to make EVs more appealing, a policy which the U.S.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electric

EV Driven

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

We Need More Than Just Electric Vehicles

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