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The state is hoping to make up for lost gas tax revenue from people driving electric vehicles.
Electric cars gas tax. The gas tax will increase by 10 5 cents a gallon to 38 5. Three of those 11. Owners of electric cars get a break on the gas tax. Electric vehicles likely to get a sales boost will include the kia e niro hyundai kona peugeot e208 the honda e and cheaper versions of the volkswagen id 3 which goes on sale in august.
California has waived a new fee for electric cars purchased before. Owners of standard hybrids must pay 100. However before the gas tax is considered a long term policy solution it s worth discussing the tax s most significant existential threat. Now electric and plug in hybrid car owners will have to pay a 200 and 100 annual fee respectively.
Of the 26 states that impose fees on electric vehicles 11 charge more for an ev than an owner of a traditional gas powered car ends up paying in gasoline taxes every year. Rowell says he thinks the electric car fee will end up being lower than what people pay at the pump. The california infrastructure plan passed in april raised the gas tax for the first time in 23 years bringing the base tax to 0 30. It s costing california 32 million a tesla recharges at a station in 2017.
It also imposed an annual 100 fee on electric vehicles. The federal electric vehicle tax credit program provides a tax credit as high as 7 500 depending on the vehicle you choose and your individual tax circumstances. Owners of plug in hybrids and electric vehicles now have to pay 200 a year in registration fees. As electric cars become more prevalent states must find alternatives to gas tax just 5 of cars on the road becoming electric could cost states the ability to pave highways for hundreds of miles.
The amount of the credit. Battery electric and plug in hybrid vehicles with co2 emissions below 50 g km are currently eligible for 100 write down in the first year.
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