Part 5/8:
Congressional Proposals for EV Taxation
In a surprising legislative move, Congress is proposing a $250 annual tax on electric vehicles and potentially raising the fee to $500 for EVs and $250 for plug-in hybrids. This tax has sparked debate regarding its rationale and potential repercussions on EV adoption rates. Critics argue that imposing a hefty tax on electric cars, while electric vehicle sales are already sluggish compared to gas-powered vehicles, is counterproductive.