U.S. Republican senators call for $1,000 tax on new EV sales to pay for road repairs
2/13/2025 4:00:00 PM
A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs. Most revenue for federally funded road repairs is collected through taxes on diesel and gasoline, which EVs do not pay.
The one-time $1,000 fee charged at the time of purchase would be roughly equivalent to what drivers of conventional vehicles pay in federal gas taxes over 10 years for highway funds, said Senator Deb Fischer, the lead sponsor of the measure.
Related News
- Digital Exclusive: The implementation and automation of an alarm management system in a complex control environment at KNPC’s Mina Al-Ahmadi refinery
- Asia's SAF ambitions exceed demand, heralding exports and potentially lowering prices
- Only one tank containing jet fuel damaged in ship crash off Britain
Comments