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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.

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Biodiesel Board Study Asserts Critical Importance of Biodiesel Tax Credit, Calls for Extension

Green Car Congress

The original biodiesel tax credit was passed in 2004 and has been extended twice. per gallon excise tax credit. The biodiesel tax incentive is designed in a manner that makes biodiesel price competitive with diesel fuel in the marketplace. Economic Impact of Eliminating the Biodiesel Tax Credit.

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Cadillac's New Electric V-Series Concept is Far From a Silent EV

The Truth About Cars

The car’s announcement coincides with the 20th anniversary of Cadillac’s V-Series, which debuted at Sebring in 2004 with the CTS-V. Several GM EVs also lost federal tax credit eligibility, though that will likely change before too long. Cadillac currently sells two EVs, the Lyriq SUV and the Celestiq sedan.

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

Clean Fleet Report

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. percent in state sales tax, EV purchasers also will need to pay into a state fund to pay for road repairs and other support for the state’s transportation infrastructure. In addition to paying 6.6

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Gasoline consumption in California rose 2.4% during FY 2014-15; largest yearly increase in a decade

Green Car Congress

during fiscal year (FY) 2014-15, the largest yearly increase since FY 2003-2004 (increase of 2.6%). In FY 14-15, BOE gasoline revenue estimates for sales and use taxes and excise taxes came in at $1.470 billion for sales and use tax and $5.371 billion for excise tax. million for sales tax and $357.7

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New Jersey marks up EV ownership with additional $1,000 fee

Baua Electric

Similar arguments have been made in other states, as road maintenance is typically covered by gas taxes. In 2019, a poll of Green Car Reports readers suggested that more people think that tax should be paid by the mile. Many of the states with the highest EV sales have no equivalent mandate, granted.

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New JV in China to produce high-grade Li-ion power battery materials

Green Car Congress

Yilong Investment is obliged to use reasonable efforts to obtain, on behalf of the JV, national-level tax incentives and favorable government treatments, and will coordinate with local financial institutions to provide financing to the JV. From 2004 to 2018, I served as the chief executive officer and vice chairman of Shanshan Holdings Co.,

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