Electric Vehicles

Recent Posts

VTrans: Wait on electric vehicle fees

MONTPELIER — A new report recommends that lawmakers hold off on instituting fees for electric vehicles until their market share improves. Lawmakers tasked the Agency of Transportation with crafting recommendations for fees on electric vehicles as they look to deal with declining revenues from the gas tax. Vermont, like other states, has seen a drop in revenue as automakers create vehicles with better fuel efficiency. Gas tax revenue raised about $361 million in 2005 fiscal year, but just $312 million in the 2016 fiscal year. The report authored by the Agency of Transportation recommends that lawmakers refrain from instituting fees on electric vehicles until they become a greater share of vehicles on the road. Continue Reading →

Filed under: , , , , ,