Fuel Tax, Hybrid and Price

Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

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

Fuel Tax Tax Electric Vehicles Fuel

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

MARCH 8, 2010

A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations. —Morrow et al.

Tax Credit

Tax Credit Tax Emissions Fuel

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

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

The Truth About Cars

JUNE 3, 2024

If you’re curious why there are so many mysteriously sized vehicles carrying ludicrously high price tags these days, it’s a combination of bad regulations and old-fashioned corporate greed. The automotive sector is very aware that the proliferation of all-electric vehicles depends on government regulation.

Auto

Auto Dealers Tax Fuel Tax

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

Green Car Congress

JANUARY 30, 2018

Factors driving acceleration or deceleration of ZEV adoption include price, performance, choice, convenience, and public policy. Current trends suggest that barriers to EV adoption such as price, range, selection and charging-time will continue to diminish, as costs come down and technology improves. China leads with over 75 EV models.

California

California 2017 2016 Los Angeles

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

Green Car Congress

JULY 23, 2018

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. Global, economy-wide carbon pricing is assumed as climate policy in both scenarios after 2020 (100 US$ per tCO 2 held constant over time). —McCollum et al.

Carbon

Carbon Market Alternative Fuels Vehicles

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. The electric vehicles that are the focus of this study fall into two broad classes: plug-in hybrid electric vehicles and battery-electric vehicles. Source: CBO.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

JUNE 15, 2011

Total cost of ownership economics for electric cars will also be significantly influenced by government incentives and fuel and electricity prices. Combined, EVs and hybrids could reach 15% of aggregate new-car sales in the four major markets—Europe, North America, China, and Japan—in 2020. Source: BCG.

CO2

CO2 Electric Cars 2020 United States

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

Green Car Congress

MAY 2, 2009

Miller of Synovate believes that in the US “ 20% of the people are willing to pay up to 10% of the vehicle’s purchase price more (i.e. ” [Note: In the first quarter of this year takes rates have been averaging around 8-12% for the Camry, Civic and Escape hybrid versions.]. ” Where hybrids get it wrong.

Market

Market Green Prius Re-Charge

CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

JULY 1, 2013

Improving the energy efficiency of vehicles (including hybridization) has “ huge potential ”, both in the short and long run. pricing, regulatory measures) were not used to their full potential. The EU must push member states to align taxation levels of different fuels and vehicle types and stop indirect subsidies.

Emissions

Emissions Transportation Standards Climate Change

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price. R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2.

Transportation

Transportation Europe Climate Change Emissions

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

OCTOBER 20, 2014

In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

2018

2018 California 2012 Plug-in

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

NOVEMBER 8, 2013

Far better fuel economy from cost-effective conventional technologies can keep fuel demand steady and save close to half the CO 2 emissions from cars by this date. carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond. —GFEI working paper. per liter ($0.26/gallon

Fuel Economy

Fuel Economy Economy Plug-in Plug

National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

Green Car Congress

APRIL 2, 2010

For example, using advanced diesel engines in tractor-trailers could lower their fuel consumption by up to 20% by 2020, and improved aerodynamics could yield an 11% reduction. The report also estimates the costs and maximum fuel savings that could be achieved for each type of vehicle by 2020 if a combination of technologies were used.

Fuel Economy

Fuel Economy Economy Fuel Vehicles

Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

Green Car Congress

APRIL 5, 2009

However, the survey also found that the public may not yet be prepared for the tradeoffs and challenges needed to make these proposals a reality, with majorities rejecting measures such as a floor on gasoline prices, congestion charges, or higher fuel taxes. Energy prices, oil dependence and climate change.

Energy

Energy Climate Change Tax Oil

Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

Green Car Congress

MARCH 6, 2009

Main additional measures would be full hybridization of a much wider range of vehicles (possibly including, but not requiring, plug-in hybrid vehicle technologies). The report cites a number of policy options to support achieving the goal, including: Fuel economy or CO 2 emission standards. Vehicle taxes and incentives.

Fuel Economy

Fuel Economy Economy Fuel Global

Switching to electric cars ‘could increase emissions’

Green Cars News

NOVEMBER 10, 2009

Director at the ETA, Andrew Davis, said: “Whilst the report is not intended to dampen enthusiasm for electric vehicles, their introduction should not be viewed as a panacea; significant changes to the way we produce and tax power are needed before we will reap any benefits.&#. Key findings of report include: Performance.

Emissions

Emissions Electric Cars CO2 Cars

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

MARCH 25, 2009

In order to price a vehicle you need to contact a sales agent. When asked about battery product pricing, Donaghy replied “ Everyone wants to know price, we would agree that we need to get the cost of the energy down. Obviously, we would like to see our share price improve, but wouldn’t everybody.

Li-ion

Li-ion Batteries Battery 2008

Virginia General Assembly moving forward with replacing gasoline and diesel fuel tax with sales tax; $100 annual tax for EVs, HEVs and alt-fuel vehicles

Green Car Congress

FEBRUARY 24, 2013

The Virginia General Assembly is moving forward with legislation ( HB2313 ), that, among its other elements, would abolish the state’s gasoline and diesel fuel taxes and replace them with a sales tax. Currently, both gasoline and diesel carry a $0.175/gallon fuel tax. cents-per-gallon tax.

Virginia

Virginia Tax Fuel Tax Gasoline

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

MARCH 9, 2021

Volkswagen said it plans to spend about 16 billion euros ($19 billion) for investment in the future trends such as “e-mobility, hybridization and digitalization” by 2025. The sales process will lock in “transparent and set pricing models”—and technically makes its EVs available online. – March 5, via CNBC. Volkswagen ID.4

GM

GM Hummer GMC Batteries

EV Driven

Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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

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

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

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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

CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

Switching to electric cars ‘could increase emissions’

Profile: Li-ion Battery and Pack Supplier Valence Technology

Virginia General Assembly moving forward with replacing gasoline and diesel fuel tax with sales tax; $100 annual tax for EVs, HEVs and alt-fuel vehicles

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

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