Remove Fuel Tax Remove Motors Remove Purchase Remove Sale
article thumbnail

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 ?

Motor 284
article thumbnail

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.

article thumbnail

New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

The report reviews policies that bear upon two categories of choice: travel choices such as how and how far to travel and vehicle purchase choices. It also discusses fuel taxes and prices, which affect both travel and vehicle choices. Medium-term potential exists in reallocating road space to extend bus and light rail provision.

Fuel Tax 150
article thumbnail

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

In order to price a vehicle you need to contact a sales agent. In Great Britain vehicles are heavily taxed via fuel taxes, the value added tax, registration fees and location specific congestion charges and the cumulative effect of these taxes can have a significant impact on a vehicle’s operating cost.

Li-ion 150
article thumbnail

GM weighs in against Washington’s proposed EV surtax

Green Car Congress

General Motors earlier this week sent a letter to Washington Gov. Chris Gregorie asking that a proposed $100 EV surtax be removed from the state’s transportation bill (Senate Bill 6455, ESSB 6455) on the grounds that it will create a disincentive toward the purchase of an EV. do no favor certain technologies over others).

GM 218
article thumbnail

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

EV Adoption

This past week was a whirlwind of EV news and developments from FedEx’s plans to electrify its fleet by 2040, VW saying it expects 50% of its US sales to be from EVs, to GM’s likely plans to build a second battery factory with LG Chem, and much more … Automaker/EV Models. VW expects half of U.S. VW expects half of U.S.

GM 52
article thumbnail

We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. more than 86 percent of vehicle sales in that country in 2021. We then systematically increased the share of EVs among new vehicle sales until the cumulative fleet emissions fell within the budget.