article thumbnail

Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

article thumbnail

Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

A rugged, injection-molded thermoplastic polymer exterior provides an optimized structure into which the electrodes are inserted—the Z3 design requires just 20 of them—minimizing materials, manufacturing, and maintenance while eliminating the risk of any external leaking.

article thumbnail

Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

Green Car Congress

The results, reported in a paper in the journal Energy Policy , show spatial variation due to differences in state and local policies, fuel prices, insurance and maintenance costs, depreciation rates, and vehicle miles traveled. In addition, the Leaf’s higher purchase price resulted in higher sales tax, ad valorem taxes, and insurance costs.

Prius 170
article thumbnail

Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

Green Car Congress

The results, reported in a paper in the journal Energy Policy , show spatial variation due to differences in state and local policies, fuel prices, insurance and maintenance costs, depreciation rates, and vehicle miles traveled. In addition, the Leaf’s higher purchase price resulted in higher sales tax, ad valorem taxes, and insurance costs.

Prius 150
article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

This figure represents a 46 peercent increase compared to sales made in 2018. Low Maintenance Costs. It has fewer parts that would need constant maintenance and replacement. Car dealerships will advise you on the frequency of maintenance needed at the time of purchase. In 2019, the sales of electric vehicles totaled 1.1

article thumbnail

Tesla is the most preferable brand for prospective EV buyers

Teslarati

The fact that EV maintenance is more economical in general has proven to be an additional motivator. The government’s tax credit program for electric vehicle purchases has offered consumers yet another reason to consider EVs. Tesla reached the 200,000 sales threshold in mid-2018, while GM reached it in December of the same year.

article thumbnail

Electric motorcycles are gaining momentum

Plug in America

LiveWire 2018. With fewer moving parts, electric motorcycles also have very low fuel and maintenance costs. Federal tax credit : Tax credit for the purchase of a new two-wheeled plug-in electric drive motor vehicle. There is also a new streaming series focused on electric motorcycles. What incentives are available? .