A New EV Hub Data Story on EV Charging Taxes! The Research Assesses the Landscape of EV Fees and Compares How They Stack up to Taxes on Gas.
Below are Key Findings:
EV drivers in 36 states pay a surplus in fees each year compared to drivers of gasoline-powered vehicles. This is based on a calculation known as the "EV Penalty," or the total amount of EV-specific taxes and fees an EV driver who exclusively charges their vehicle at public fast chargers pays in a single calendar year.
EV drivers can be double or triple-taxed depending on the state they live in and where they charge. We found that EV drivers are double-taxed in 28 states and triple-taxed in three states. 45 states collect at least one EV tax or fee.
The current structure of taxing EV charging to mimic losses of gas tax revenue yields an inequity among EV drivers. In many states, tax transparency is inadequate and EV drivers are disproportionately taxed. Policymakers should bring balance to EV and charging tax treatment.
Read the data story here: https://lnkd.in/ev_a46bu
Connect With EV>CHARG>EN
Have a question or need more information about our services? Fill out the form below, and one of our experts will get back to you soon.