article thumbnail

Utah EV charging costs rise in July, to subsidize lower gas prices

Green Car Reports

Utah EV drivers will soon pay more to charge their vehicles, all to subsidize lower gas prices. In July, gas prices in Utah are set to drop thanks to lower gas taxes, which are set to decrease from 16.5% tax to use commercial charging stations. to 14.2%, but EV drivers will be paying a 12.5%

Utah 166
article thumbnail

New Tesla Model 3 Performance with federal tax credit is more affordable than Long Range AWD

Teslarati

With a starting price of $52,990, the reengineered Tesla Model 3 Performance is already a bang-for-the-buck vehicle. This is because among Tesla’s current Model 3 lineup, only the new Model 3 Performance qualifies for the $7,500 federal tax credit. This is quite evident in the reengineered Model 3 sedan’s order page.

article thumbnail

Biden's proposed gas-tax holiday has a lot of skeptics, from economists to environmentalists

Green Car Reports

President Biden on Wednesday asked Congress for a three-month federal gas-tax holiday. Aimed at providing relief from high gas prices brought on by Russia's invasion of Ukraine, the policy is already drawing skepticism.

Tax 137
article thumbnail

New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

As more electric vehicles hit the roads, states are grappling with the change in tax revenues they’re seeing as a result. EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements.

article thumbnail

Maryland, Georgia suspend state gasoline and diesel tax

Green Car Congress

On Friday, Maryland Governor Larry Hogan signed emergency bipartisan legislation ( SB1010 / HB1486 ) to suspend immediately the state of Maryland’s gasoline and diesel tax for 30 days. cents per gallon tax for gasoline, and the 36.85 cents per gallon tax for diesel fuel. This emergency legislation applies to the 36.1

Maryland 150
article thumbnail

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
article thumbnail

F-150 Lightning prices, EV tax credit rules, Vermont EV incentive: Today’s Car News

Green Car Reports

Ford F-150 Lightning prices rise, again. Vermont will pay residents to retire gas-guzzlers and switch to EVs. And the IRS is moving fast on sourcing rules for the new EV tax credit. Ford has once again hiked the price of the Ford F-150 Lightning. This and more, here at Green Car Reports.

F-150 106