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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

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

Fuel Tax Tax Europe Gas

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

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 Hummer GMC Batteries

EV Driven

With gas phase-out in view, Europe could lose $160 billion in fuel taxes

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

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