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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

Congress 259
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UC Davis report proposes mileage fee for EVs, maintaining fuel tax for ICEs to support road repairs

Green Car Congress

A research report submitted to the California Legislature this week by the University of California, Davis’ Institute of Transportation Studies proposes switching EVs to a mileage-based road-funding fee (road user charge, RUC) while continuing to have gasoline-powered cars pay gasoline taxes.

Davis 268
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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Ridesourcing vehicles’ high use intensity is economically attractive for electric vehicles, which typically have lower operating costs and higher capital costs than conventional vehicles. Air pollution is a classic case where free markets fail. —Bruchon et al. Source: Bruchon et al.

Tax 199
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Optimizing Car Leasing Tax Advantages

Clean Fleet Report

Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. Running a business in the UK involves careful financial planning, and one aspect that often requires consideration is your company’s vehicle fleet.

Tax 78
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Indian market has ‘very functional’ EVs, needs ‘wow products’ to pull customers: Rajesh Jejurikar  | Autocar Professional

Baua Electric

Rajesh Jejurikar, ED and CEO, Automotive and Farm Business at Mahindra & Mahindra says the Indian market has “very functional EVs,” and not products that can, “wow the customers,” and the company is banking on its Born EVs to build excitement with its future EVs and building penetration. People buy wow products.

Market 52
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EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The report provides the latest fuel efficiency stats and money-saving tips for new and used vehicles. For the first time, two electric vehicles with a 500-mile driving range (two variants of the Lucid Air) sit at the top of the guide’s 10 most fuel-efficient vehicles.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Self Financial, a fintech company, has compared the running costs of electric and non-electric vehicles in each state. Across the US the average annual cost of running an electric vehicle is $2,721.96, while gasoline vehicles cost an average of $3,355.90 per year to run—a difference of $633.94

Purchase 321