As EVs are getting famous among the buyers, there are various changes regarding owning one at the federal & state level.
Tax exemptions and title-and-registration requirements are two of the most significant changes consumers will see
RUC funding models are also renewed and require the drivers to pay based on the driven miles
Some state governments like California offer tax exemptions on the ownership of EVs & PHEVs and encourage people to own them.
The federal government currently provides up to $7500 in tax credits for EVs & PHEVs built-in & after 2010
Many states are asking for special fees only for EVs & PHEVs to address lower gas tax revenues & create more equity among drivers.
Currently, 28 states have written laws requiring a special registration fee for EVs.
Out of the 28, 14 states also assess a separate and offer moderately lower PHEV fees.