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As the electric vehicle (EV) market continues to heat up, automakers are going all in on electrification. Vehicle manufacturers and battery makers plan to invest $860 billion globally by 2030 in the transition to EVs. Nearly a quarter, $210 billion, is expected to be invested in the United States, more than in any other [...]
Electric vehicle (EV) fees are a hot button topic, and as consumer adoption of EVs significantly accelerates across a number of markets, states are now attempting to reconcile losses of gas tax revenue. As such, EV drivers are subject to several fees that are intended to replace gas fees, including annual registration fees and [...]
Executive Summary Electric vehicle (EV) drivers are subject to a wide array of fees intended to mimic motor fuel taxes, including registration fees and charging taxes. At public charging stations, EV drivers may also pay sales taxes or an equivalent along with a tax on the electricity used. These taxes are stackable and [...]
Source: EV Hub Last week, Atlas Public Policy analysts Spencer Burget, Noah Gabriel, and Nicole Lepre partnered with the Natural Resources Defense Council to publish a new data story that details the announced electric vehicle (EV) and battery manufacturing investments in the United States, Asia, Europe, and the rest of the world. [...]
On July 26, 2019, the Federal Transit Administration announced $85 million in awards for all-electric transit buses through the Low- or No-Emission (Low-No) Grant program. This round, 38 states received funding through the program for the purchase of electric buses and supporting charging infrastructure including DC fast, on-route, inductive, and depot charging. The Low-No program is [...]
At the beginning of 2019, Reuters estimated that automakers had invested more than $300 billion in electrification. The EV Hub is now tracking this information, and our new Global Private Investment Dashboard has recorded almost $350 billion in total EV investment across the globe. This data confirms China’s dominance in the market with almost 40 percent of investments recorded from [...]
Before 2019, 20 states had already enacted annual registration fees on electric vehicles. New developments in 2019, outlined in the table above, have the potential to add 11 states to that list. For context, only 2 new states passed fees in 2018. TABLE SHOWS EMERGING LEGISLATION AND TRENDS FOR 2019 ONLY State [...]
