THE DELTA (Ben Caxton) — The New Year will bring new charges for owners of electric vehicles as eight states seek fresh revenue sources to offset lost gas taxes. In Hawaii, the charge will be $50. In Kansas, it’s $100. And in Alabama and Ohio, $200. Three-quarters of the revenue from Alabama’s new $200 fee on electric vehicles and $100 fee for plug-in hybrids will go to fund state and local roads and bridges. The rest will fund grants for electric charging infrastructure and will expire once electric and plug-in hybrid vehicles surpass 4% of all vehicles in the state. Electric and plug-in hybrid vehicles made up less than 2% of new vehicle sales in 2018, however, their market share is projected to rise substantially in the coming decade.[sc name=”twitterfollow”]
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Tyler Goad, a junior Finance major at Delta State... Read More.