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In the transition to electrifying transportation, we need to be smart about how we allocate a limited supply of batteries and the minerals that go into them.
While many people are applauding the proposed revisions to the federal EV tax credit (IRC 30D) included in the Inflation Reduction Act of 2022 (IRA)
Well ahead of every other US state, California has now surpassed the magic 16% share of new light passenger vehicle being electric, and has “crossed the chasm” into the early majority phase of the widely-accepted technology adoption curve (Rogers Diffusion of Innovation).
As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EVs don’t pay fuel taxes. Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?
One of the top hurdles to EV adoption in the US is the often touted issue that EVs simply cost more than similar gas-powered vehicles. But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000.
In the transition to electrifying transportation, we need to be smart about how we allocate a limited supply of batteries and the minerals that go into them.
While many people are applauding the proposed revisions to the federal EV tax credit (IRC 30D) included in the Inflation Reduction Act of 2022 (IRA)
Well ahead of every other US state, California has now surpassed the magic 16% share of new light passenger vehicle being electric, and has “crossed the chasm” into the early majority phase of the widely-accepted technology adoption curve (Rogers Diffusion of Innovation).
As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EVs don’t pay fuel taxes. Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?
One of the top hurdles to EV adoption in the US is the often touted issue that EVs simply cost more than similar gas-powered vehicles. But assuming you can get your hands on one, roughly two-dozen BEVs and PHEVs available for sale in the US this summer have a base manufacturer’s suggested retail price (MSRP) of less than $45,000.
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