Is Louisiana Planning To Charge EV Owners $400/Y While Rejecting Increased Gas Taxes?

EV Obssesion

Recently, there was a bill proposed to increase gasoline taxes and tax EV owners $400 per year to own an EV in the state. The post Is Louisiana Planning To Charge EV Owners $400/Y While Rejecting Increased Gas Taxes? Louisiana is well known for having severely bad roads.

Tax credit for conversions

DIY Electric Car

Any chance anyone knows whether there is any kind of tax benefit you can get from an EV conversion? Hi all, new member here and trying to figure out my budget. Thanks! New Member Introductions

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

Could an "electric fuel" tax for EV use help states solve the gas-tax dilemma?

Green Car Reports

The gas tax remains one of the main funding sources for road infrastructure, which has led to cries that electric-car drivers aren't paying their fare share of road maintenance costs. A new bill circulating through the Minnesota legislature calls for an "electric fuel" tax for EVs.

Tax 163

Proposed 30% US tax credit for e-bike purchases gains support in Congress

Electrek

Americans are getting closer to a federal tax credit for electric bicycles, a proposal that could be similar in concept to the electric car and motorcycle tax incentives already on the books.

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

Green Car Congress

The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 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.

2019 295

We need to talk about tax…

Clean Car

There have been some MAJOR changes to the company car tax treatment of battery electric vehicles (BEV) this year. Company car tax rates are designed to encourage company car drivers to choose cars with lower levels of CO2 and (from April 2018) NOx emissions.

Tax 59

How might EVs be taxed in the future?

Discover EV

We look at the ways in which VED – or car tax – will be applied to EVs in the future

Tax 66

Report: Tesla lobbied for higher taxes on gas and diesel vehicles in the UK

Green Car Reports

Tesla lobbied the United Kingdom government to raise taxes on gasoline and diesel cars in order to fund higher subsidies for electric cars, The Guardian reported Tuesday.

Senate tax plan leaves electric-car purchase credit in place

Green Car Reports

income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit. Politics senate tax credit taxes plug-in carsThe battle over early termination of the U.S.

Tax 100

EV Drive coalition begins lobbying effort to save tax credit

Green Car Reports

Members of the lame-duck Congress all got letters on their desks Tuesday stating why the electric-car tax credit should be revised and extended. Along with a five-point fact sheet made public Tuesday, the effort is the first salvo in a battle by the newly-formed EV Drive Coalition to extend the plug-in vehicle tax credit, which is expiring for two. GM Chevy Volt tax credit plug-in cars

CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

When life cycle air pollution and greenhouse gas emission externalities are internalized via a Pigovian tax, fleet electrification increases and externalities decrease, suggesting a role for policy. Vehicle purchases (x-axis) and average utilization (y-axis) by powertrain type for cost-minimizing fleets when excluding (left) and including (right) a Pigovian tax on air emissions.

Tax 183

Battle over EV tax credit pits automakers against oil interests

Green Car Reports

The possibility of an extension for the $7,500 federal EV tax credit has recently intensified lobbying efforts in Washington D.C.—and Plug-In Hybrids EV tax credit—and pitted the efforts of the auto industry soundly against those of the oil and gas industry. So reports the Washington Post. According to its report this week, the powerful companies and interests opposing the.

Automakers, electric utilities want electric-car tax credit extended

Green Car Reports

later this year, it will begin a phasedown process during which the income-tax credits available to its buyers start to dwindle on a set schedule. Politics incentives tax credit taxes electric utilities plug-in carsWith Tesla likely to hit 200,000 electric cars sold in the U.S. General Motors is likely to hit the same cap a couple of quarters after Tesla. Now those two companies are lobbying for an expansion of.

Volvo XC40 Recharge EV to start at $53,990 in US before qualifying tax incentives

Green Car Congress

The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. The Volvo XC40 Recharge, the company’s first fully electric vehicle, will carry an MSRP of $53,990 when it arrives in US showrooms later this year.

2020 259

Lunaz to begin production of electric classic Range Rovers; prices begin at £245,000 excluding local taxes

Green Car Congress

Prices for classic electric Range Rovers by Lunaz start at £245,000 (US$329,000) excluding local taxes. Lunaz, a creator of electric classic cars, announced the first tranche of production availability for classic electric Range Rovers.

2020 244

Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

Even with $8,000 tax credit extended, fuel-cell lease prices won't change, automakers say

Green Car Reports

An $8,000 federal tax credit on qualifying hydrogen fuel-cell passenger vehicles has been extended through January 2022 though the latest economic stimulus bill passed by the U.S. The tax credit, called the Fuel Cell Motor Vehicle Tax Credit, had been due to expire at the end of the month.

Electric-car tax credit retained in Congressional tax reform bill: report

Green Car Reports

income-tax credit for purchase of a plug-in electric vehicle will not be killed after all. Politics Plug-In Hybrids congress incentives tax credit plug-in cars Battery Electric Vehicle (BEV We'll likely never know whether it was the influence of auto lobbyists, pressure from the actual public, or a letter signed by two dozen mayors. But however the sausage was made, it appears that the U.S. Whether it would survive amidst the sweeping changes.

NJ dedicates all gas tax revenue to transportation infrastructure

Green Car Reports

Critics of electric cars often use the argument that, because electric-car drivers don't pay gas taxes, they don't contribute their fair share of road-maintenance costs. But state gas-tax revenue don't necessarily go toward funding infrastructure, or at least not all of it. Infrastructure Gas Tax transportation policy New Jersey

2016 127

Biden plan would broaden EV tax credit, include Cash for Clunkers reboot

Green Car Reports

Joe Biden announced a broad environmental plan Tuesday that includes provisions to broaden the federal electric-car tax credit and revive the "Cash for Clunkers" program.

California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06

2020 230

Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

We’re proposing solutions that would recover system costs through sales or income taxes, or an income-based fixed charge, which would pay for long-term capital costs while ensuring all those who use the system—and specifically, wealthier households—contribute equitably.

Federal tax credit on Tesla models set to ratchet down again July 1

Green Car Reports

Buyers who want to buy a Tesla have only a few days to take delivery if they want to earn a federal tax credit of $3,750 after they buy. Tesla is in the midst of the phase-out of its federal tax credit after it reported selling a cumulative total of 200,000 cars last July. deals EV tax creditThe $1,875 credit on Teslas will last from July 1 to December 31, before.

How did that EV purchase affect your tax bill? Twitter poll results

Green Car Reports

The growth came not only as Tesla's production blew through its allotment of federal tax credits, but also as changes based on the 2017 tax law raised many taxpayers' tax bills, come last month. Polls EV tax creditElectric-car sales skyrocketed in the U.S. last year as Tesla Model 3 production ramped up.

2019 90

Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit.

Tesla stock outlook soars to $1,300 per share, driven by Biden’s $10k EV tax credit

Teslarati

Instead, President Joe Biden’s EV tax credit, a long-awaited returning incentive for many EV enthusiasts, is about to be reintroduced. The current EV tax credit amounts to $7,500 but could be reintroduced to apply to the automakers who have sold at least 200,000 battery-powered cars.

NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

Green Car Congress

New Jersey’s Department of the Treasury announced on Friday that lower fuel consumption trends, which have been exacerbated by the COVID-19 pandemic, will necessitate a gas tax increase of $0.093 per gallon in order to ensure compliance with the 2016 law that requires a steady stream of revenue to support the state’s Transportation Trust Fund (TTF) program. The increase brings the gasoline tax from $0.414 to $0.507 per gallon (22.5%).

2020 174

Tesla Model X SUV Qualifies For $25K 'HUMMER Tax Break'

Green Car Reports

Remember the gas-guzzler tax allowance, nicknamed the "HUMMER deduction" because it allowed small-business owners to buy massive, heavy, fuel-sucking SUVs and deduct a large piece of the cost from their taxes? But the Section 179 tax credit has. tax incentives Tesla Motors plug-in cars

2015 131

Draft tax bill eliminates credit for all electric-car buyers: report (updated)

Green Car Reports

The process of drafting a so-called tax reform bill has been shrouded in mystery, with even Republican congressmembers admitting they didn't know what provisions it would contain. But according to a report on Thursday, the draft of the Tax Cuts and Jobs Act proposed in the House of Representatives on Thursday immediately eliminates the income-tax. Politics rebates incentives tax credit taxes plug-in cars

2017 95

Maine to hit hybrids, electric cars with fees higher than gas tax?

Green Car Reports

Maine has become the latest in a growing string of states to propose adding registration fees for hybrid and electric cars to make up for tax revenue on the gasoline they don't use, or use less of. But it's also part of a much smaller group of those states in which the fees are punitive: drivers of those cars pay more than the gas taxes paid by. Politics maine taxes Gas Tax Driving fees state laws

2018 95

Budget deal restores tax credits for EV charging stations, electric motorcycles, fuel-cell cars

Green Car Reports

Fears that Congress would kill the federal tax credit for purchase of a plug-in electric car were laid to rest in December when that incentive survived the $1.5 billion tax-cut bill. Now Congress has added back a handful of other tax credits related to electric cars and greener transportation in the $400 billion budget bill it passed in the wee. incentives tax credit plug-in cars hydrogen fuel cell electric motorcycles

US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

Fuel saved, tax revenue lost. It also resulted in fuel-tax revenue reductions, which vary by state.

2020 227

Are states overtaxing EV drivers to make up for lost gas taxes?

Green Car Reports

Some states are assessing additional fees on electric vehicle owners that end up being in excess of what the average car owner pays in gas taxes, consumer advocates said Wednesday. Electric Car TaxesConsumer Reports found that 26 states (up from 17 a little more than a year ago) have implemented policies mandating additional registration fees for owners of electric.

2019 94

New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The bill maintains the $7,500 tax credit for the first 200,000 units sold.

Congressional Democrats file bills to extend federal electric-car tax credits

Green Car Reports

Vermont Congressman Peter Welch has filed a bill to extend federal electric-car tax credits for 10 more years, just as the credits begin to run out on the two largest electric-car manufacturers, Tesla and General Motors. IRS Tax CreditBoth Tesla and General Motors are expected to reach their cap of 200,000 electric car sales in 2018. Tesla may already have.

Commentary: Overdue for reform, EV tax credit needs reasonable limits

Green Car Reports

Now that the federal plug-in tax credit has begun to wind down on the U.S.-made Politics transportation policy Incentives and Rebates EV tax creditmade Chevrolet Bolt EV, members of Congress propose to do something about it. Democrats have proposed several bills in Congress to remove the manufacturer-based 200,000-car cap on the credits and extending them for 10 years, and a new proposal by California Democrat Ro.

Oklahoma Supreme Court rules state's electric-car tax unconstitutional

Green Car Reports

In a 6-3 decision, the state's highest court struck down the bill as an unconstitutional tax. tax lawsuit United States plug-in cars Battery Electric Vehicle (BEV When the Oklahoma Legislature passed a bill earlier this year that imposed new fees on owners of hybrid and electric cars only, it was swiftly sued by the Sierra Club. Now the Oklahoma Supreme Court has rendered its verdict in that suit, filed in August.

EV tax credit will drop again for Chevrolet Bolt EV October 1

Green Car Reports

EV tax creditIn a little more than a month, General Motors will face a slightly stronger headwind in its ability to sell electric vehicles—and, perhaps, make money from them. EVs and plug-in hybrids from the automaker that are delivered starting October 1 will only be eligible for a $1,875 credit amount, versus the $3,750 they’ve been eligible for.

“Electric fuel” tax for EVs, VW ID.4 road-trip charging, Volvo online sales: Today’s Car News

Green Car Reports

Would a by-the-kilowatt-hour charging tax help states recover infrastructure funds from dwindling gas tax revenues? Volvo is moving to online-only sales, starting with its EVs. Volkswagen looks ahead to its 2026 EVs.

Which electric vehicles still qualify for US federal tax credit?

Electrek

As sales of electric vehicles continue to surge entering 2021, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. more… The post Which electric vehicles still qualify for US federal tax credit?

EV tax credit will drop again for Chevrolet Bolt EV September 1

Green Car Reports

EV tax creditGeneral Motors is facing a slightly stronger headwind in its ability to sell electric vehicles—and, perhaps, make money from them. EVs and plug-in hybrids from the automaker that are delivered starting September 1 will only be eligible for a $1,875 credit amount, versus the $3,750 they’ve been eligible for since April 1 of this year.

Tesla offers to cover remainder of full tax credit if it can't deliver by year-end

Green Car Reports

Buyers interested in a Tesla have just one week to take delivery before the full federal tax credit gets cut in half—unless Tesla can't get the car delivered until the new year, that is. CHECK OUT: Tesla (again) says buyers must order today for full tax. tax creditThen, Tesla says it will make up the difference. There are some caveats, of course.

Tesla Model 3 becomes eligible for Canada's EV tax credit with 93-mile version

Green Car Reports

The new version is designed to limbo under the $45,000 (Canadian) price cap on Canada's new $5,000 (Canadian) electric-vehicle tax credit, which was itself designed to exclude wealthy Tesla buyers from receiving government rebates for buying their new cars. Canada EV tax creditTesla announced a new entry-level version of the Tesla Model 3 for Canada on Wednesday.