Remove 2004 Remove Gasoline-Electric Remove Tax
article thumbnail

New Jersey EV buyers to pay sales tax on vehicle purchases for first time since 2004   – Charged EVs

Baua Electric

Drivers in New Jersey who purchase an electric vehicle will—for the first time since 2004—have to pay sales tax on the transaction. The return of the EV sales tax comes on the heels of the July 2024 introduction of a new annual electric vehicle fee of $250 in addition to the existing vehicle registration fee.

article thumbnail

The Big E: July 17, 2024 – Today’s Most Important News

Clean Fleet Report

EV Costs—What a Difference a Day Makes I wrote only three days ago about a study of EV costs that ranked all 50 states by the five-year cost of owning and operating an electric car. The numbers had a hiccup this month as the state decided to reverse a sales tax exemption for EVs that had been around for decades.

article thumbnail

Mercedes-Benz presents B-Class F-CELL fuel cell vehicle at LA Auto Show; delivery to US leasing customers by end of 2010

Green Car Congress

Mercedes-Benz presented the new B-Class F-CELL, its first (limited) series production fuel-cell powered electric vehicle available in the US ( earlier post ), at the Los Angeles Auto Show. tax over a term of 24 months and includes the cost of hydrogen fuel. A typical full-service monthly lease rate will be $849 excl.

Mercedes 231
article thumbnail

Study Concludes That Smaller Capacity PHEVs Would Be a “Robust” Option for Minimizing Fuel Consumption, Cost and GHG Emissions

Green Car Congress

A team of researchers from Carnegie Mellon University has analyzed the impact of plug-in hybrid electric vehicle (PHEV) battery pack size on fuel consumption, cost and greenhouse gas emissions over a range of charging frequencies (distance traveled between charges). Larger battery packs allow drivers to go longer distances on electric power.

PHEV 199
article thumbnail

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol. The level was raised to 25% over the next five years, which was intended to maintain a constant Brazilian gasoline supply for an ever-increasing demand.

article thumbnail

First drive: Volvo XC90 T8 Drive-E Twin Engine PHEV sets a high bar for full-size luxury SUV plug-ins in US

Green Car Congress

Put another way, even when driving the conventional T6 model and accelerating briskly up a winding road, the driver has no idea that only a 2.0L (1,969 cm 3 ), 4-cylinder gasoline engine is doing the work. All electric (mi). liter gasoline engine, the 2.0 Earlier post.) Supercharged turbocharged Inline 4. Twin turbo V6.

Volvo 150
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Is tax equity dead? Cap and Trade Disappointment.

Financing 150