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New Jersey tags EV ownership with an additional $1,000 fee


New Jersey is imposing additional registration fees for electric vehicles. Starting July 1, drivers will have to pay an upfront fee of more than $1,000 on top of existing registration fees.

Gov. Phil Murphy last week signed a bill to renew New Jersey’s transportation trust fund, adding annual fees set at $250 this year and increasing by $10 for the remaining four years under the law , bringing this fee to $290. But new electric vehicle drivers must pay four years in advance, which is $1,160 after the fee reaches the $290 maximum.

According to a press release from Murphy’s office about the new law, the fee ensures that “all motorists using the road are responsible for maintaining their condition.” Similar arguments have been made in other states, since road maintenance is often paid for by gas taxes.

Volvo C40 2024

Volvo C40 2024

The governor has also proposed eliminating the sales tax exemption for electric vehicles that has been in place since 2004 — potentially adding revenue for infrastructure maintenance to the state’s coffers, but making it Owning an electric car becomes more expensive than a gasoline car. New Jersey offers a number of incentives for purchasing electric vehicles, but like other state incentive programs, they are typically only available for a portion of the year before funding runs out.

New Jersey does passed California’s electric vehicle regulations, with plans for electric vehicles to account for 50% of new car sales by 2027 and 100% of sales by 2035, it looks like it will be harder to meet the very high premiums for electric vehicles. Many states with the highest EV sales There is no equivalent task, granted.

Jaguar I-Pace 2024

Jaguar I-Pace 2024

Higher registration fees may be unfair, as electric vehicle drivers simply don’t get nearly the same range as gasoline vehicles – which is also true. could be a problem with the ultimate goal of reducing emissions.

2019, one Green Car Report reader poll suggests that many people think taxes should be paid by the mile. While checking the odometer may be the only way to do this comprehensively, reliability of the driver’s display and apps may be low due to a number of flaws recent news on data privacy, incl GM shares about Bolt EV driving behavior with insurance companies.

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