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

Teslarati

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.

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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.

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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

Minnesota’s highway revenues are derived from three sources: the gas tax, vehicle registration fee or tabs and the motor vehicle sales tax. These funding sources support construction and maintenance of the highway system. The GPS display may be mounted on the dashboard of any vehicle.

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Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Green Car Congress

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.

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Auto Lobby Wants Input on Government EV Policy Before Changes Are Made

The Truth About Cars

EVs were also assumed to reduce overhead by requiring fewer employees to assemble than traditional combustion cars , helping improve overall profitability. Interestingly, making vehicles more fuel efficient also gradually lowers the amount of fuel taxes collected due to the fact that drivers would be spending less money at the pump.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

Add to that the advent of autonomous vehicles and new business models such as ride hailing and car sharing, and we could be on the brink of major disruption in the transportation sector. The average Californian drives 14,435 miles every year. In 2016 there was one charging plug for about every 6 electric cars.

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kWh Billing and New EV Charging Tax Policies: What You Need to Know

Blink Charging

The electric car market is experiencing massive growth, exceeding 10 million in sales in 2022. As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. In Pennsylvania , there is an existing alternative fuel tax in effect.

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