EV Adoption

JULY 4, 2022

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. Declining Fuel-Tax Revenues: Beyond Electric Vehicles.

Fuel Tax 98

Fuel Tax Tax Electric Vehicles Fuel 98

Teslarati

JANUARY 30, 2024

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. billion ($31 billion) between last year and this year—or more than alcohol and tobacco taxes combined. As such, taxing driving specifically may be a better alternative.

Fuel Tax 110

Fuel Tax Tax Europe Gas 110

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. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles.

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Tax Credit Gasoline Tax Gasoline-Electric 252

Green Car Congress

MARCH 9, 2012

Proponents of the surtax argue the fee is needed to offset losses in state gas tax revenues since EV owners don’t need to buy gas. Electric vehicles are a promising new and evolving advanced technology. GM believes this proposal is misguided and will hurt sales and market adoption of EVs.

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GM Washington Tax Fuel Tax 218

EV Adoption

MARCH 9, 2021

sales to be electric vehicles by 2030 – The German automaker said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from a previous target of 35%. FedEx plans to accomplish this through phased programs to replace existing vehicles. VW expects half of U.S. In the U.S. Volkswagen ID.4

GM 52

GM Hummer GMC Batteries 52