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In the top California cities for EV penetration, auto dealers offer 25 to 30 different models. The growth of ZEVs represents a potential drain on motor vehicle fueltaxes, which could affect state transportation revenue. China leads with over 75 EV models. It introduced 25 new models in 2016 and saw sales jump 70%.
In particular, policies should more broadly distribute tax incentives for purchasing these vehicles, and federal electric-vehicle programs should be extended and expanded to provide direct financial incentives to PEV manufacturers. Auto dealers leading the way in PEV sales should also be rewarded. Shine the spotlight on states.
In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.
For example, fueltaxes (which are accounted for when you pay at the pump) are responsible for funding anywhere from a quarter to a third of all roadway maintenance — which would evaporate as more people started driving electric vehicles. EV charging companies are similarly interested in what kind of legislation is being passed.
In Great Britain vehicles are heavily taxed via fueltaxes, 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. The vehicle is slated to arrive at select Ford dealers in 2010.
Charging station owners or operators are required to remit the tax monthly using prescribed forms provided by the Oklahoma Tax Commission. In Pennsylvania , there is an existing alternative fueltax in effect. The Department of Revenue may grant dealer-users permission to report annually, subject to specified criteria.
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