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.
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. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.
Green Car Congress
OCTOBER 23, 2010
users pay for the construction and maintenance of roads via a federal fuel tax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. —Huang et al.
Green Car Congress
MAY 2, 2009
The role of emotion in buying cars. We’re not sure how much maintenance cost you are going to incur and quite frankly you many need to replace the battery pack after 3-4 years and it may cost between $3,000-$5,000. Would you buy this vehicle? Gasoline may cost between $3-$5 while you own this vehicle.
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