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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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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. The requirement has been extended through 2025; however, the mandated sales levels are not likely to be met, Navigant notes. Electric motorcycles breakout.

2014 346
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Fisker introduces Alaska pickup truck, Ocean with Force E off-road package; 11 Ocean deliveries in Q2

Green Car Congress

It will be available for all-wheel drive Ultra and Extreme trims, both at vehicle purchase and as a post-purchase add-on package. Q2 2023 was Fisker’s first quarter with automotive sales revenue. million in VAT receivables which Fisker expects to receive as refunds or to monetize against vehicle sales taxes.

Alaska 354
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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Breakdown of Global HEV and BEV Sales by 2020.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

Green Car Congress

Total PEV sales in Asia-Pacific. Unit sales of all electrified vehicles in Asia-Pacific will surpass 1.2 China alone will experience a CAGR of 76% to reach 554,114 unit sales of all electrified vehicles by 2015, and will represent 53% of total regional sales. Click to enlarge. billion in 2015. billion in 2015.

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 In January, China cut the purchase tax on passenger cars to 5% for models with engine displacements of less than 1.6

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What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Cox Automotive forecasts a notable surge in electric vehicle adoption, projecting a rise from 7.6% million domestic sales, to an anticipated 10% by the close of 2024 in the U.S. For the first $3,750 of the tax credit, a certain percentage of the battery components must be made or assembled in North America. automotive market.