This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Widely ignored, although gaining attention, is China’s strategic positioning as a crucial gatekeeper to several key “green” technologies, including battery energy storage to support electric vehicles (EVs)—specifically, battery electric vehicles (BEVs)—along with stationary storage for power grids.
ZEVs require significantly less time and money spent on maintenance because they have only about 20 moving parts – about 1,800 fewer moving parts than traditional ICE vehicles. The growth of ZEVs represents a potential drain on motor vehicle fueltaxes, which could affect state transportation revenue.
Grid and Broadband Access – In most countries, the electric grid serves the majority of locales, even in remote locations. Charging station operators increasingly complement grid connection with solar panels and battery storage, costing additional funds to buy or lease.
Most automotive manufacturers say they plan to use renewable energy in the future, but for now, most battery production relies on electric grids largely powered by fossil fuels. about 60 percent of its electricity from fossil fuels, primarily natural gas, which produces less carbon than coal does. AFP/Getty Images.
While it depends on where you’re living, EV sales are slowing down and many electrical grids. 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.
Taxing charging revenue The federal government and many states currently tax sales of gasoline and diesel to fund “related government services like road construction, maintenance, repair, and public transportation.” In Pennsylvania , there is an existing alternative fueltax in effect.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content