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.

Fuel Tax 98

Fuel Tax Tax Electric Vehicles Fuel 98

Blink Charging

OCTOBER 6, 2023

These broad definitions are written to include all utilities but may inavertently include businesses that install EV charging stations for public use. However, EV drivers do not pay these taxes, and the growth of EVs is expected to lead to a decrease in tax revenue. kWh tax begins on July 1, 2025.

Tax 52

Tax Charging Virginia Gas-Electric 52

Cars That Think

AUGUST 20, 2022

In the meantime, EV buyers’ sticker shock could be alleviated by the knowledge that fuel and maintenance costs are far lower for EVs and that total ownership costs are about the same. estimates that by 2030 the deployment of EVs could cut global receipts from fossil-fuel taxes by around US $55 billion. passenger vehicles.

Electric Vehicles 100

Electric Vehicles Vehicles West Virginia Electric 100