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Kentucky electric cars now pay two taxes where gas cars only pay one

Electrek

As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. more… The post Kentucky electric cars now pay two taxes where gas cars only pay one appeared first on Electrek.

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Switzerland pulls the plug on tax breaks for electric vehicles

Electrek

In a controversial move, Switzerland has decided to tax electric cars in the same way it does for gas guzzlers, saying that special tax exemptions are no longer necessary. more… The post Switzerland pulls the plug on tax breaks for electric vehicles appeared first on Electrek.

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Electric Vehicle Federal Tax Credit: Explained

Electric Driver

You may be wondering what is an electric car federal tax credit. The US government provides people incentives to switch from gas to electric cars and will give you up to a $7,500 tax credit to make the change. This article will cover why there is an electric car tax credit, who qualifies for it, […].

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Declining Fuel-Tax Revenues: Beyond Electric Vehicles.

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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.

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Kentucky electric cars now pay two taxes where gas cars only pay one

Baua Electric

Photo by Mobilus in Mobili on Flickr As of January 1st, Kentucky has implemented not one but two new taxes on electric vehicles, both of which are individually higher than what gas vehicles pay on similar units of energy. cents, compared to a current average gas price of $2.78 per gallon in the state).

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Replacing Fuel Tax A Government Quandary

CleanTechnica EVs

These services are funded in part by taxes. Election promises of more services and less taxes are ludicrous. So, as the proportion of electric cars on the roads rise, what will fill the funding gap left by the loss of petrol and diesel tax? Governments provide services for their people.