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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ? United Kingdom ?

Motors 284
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

Emerging markets and developing countries are central to the “decarb” and electrification push, and are themselves maneuvering to attain advanced country status and a higher quality of life for their citizens.

China 416
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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

Yet, despite ambitious pledges and investments by governments and automakers, it is by no means clear that these vehicles will ultimately reach mass-market consumers. Carbon pricing alone is insufficient to bring low-carbon vehicles to the mass market, though it may have a supporting role in ensuring a decarbonized energy supply.

Carbon 231
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DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

Green Car Congress

Since taxes are charged on a per-gallon basis, someone with a more efficient vehicle will pay less in taxes over the course of a year. Based on average mpg and miles driven, a person owning a gasoline vehicle pays between $141 and $398 in fuel taxes each year, depending upon the state in which the fuel is purchased.

Tax 345
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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

In a panel session entitled “Does Green Matter in a Try-to-Survive Market?” How big is the green market? Strategic Vision shared data that only a small portion of consumers in the US are “ truly green ”, which means the customer is willing to pay significantly more for a green vehicle.

Market 170
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Washington state legislature approves $16.9B transportation package; targeting all new cars to be electric with MY 2030

Green Car Congress

The revenue package adopted a shift in funding sources after an export fuel tax projected to provide $2 billion in funding was removed on the House floor. . $150 million towards ultra-high-speed rail. $50 50 million for walking and biking infrastructure in underinvested communities, and more. billion over 16 years. Specifically: Sec.

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Ryder San Francisco fueling facility offers 100% renewable diesel

Green Car Congress

—Chris Nordh, Ryder Director for Global Fuel Products. Based on production levels and availability of RD, Ryder will continue to monitor other markets with plans for expanding this offering. The company also plans to analyze continually market opportunities that would benefit its customers to have RD available for their fleets.,