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Owners of electric vehicles in California have to start paying new registration fees that went into effect this month.
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The fees, which were added by a 2017 state law, add an upfront $100 registration fee for all zero-emission vehicles model year 2020 and later.
A Tesla electric car is seen parked at a charging station in Altamonte Springs, Florida. (Photo by Paul Hennessy/NurPhoto via Getty Images)
ELECTRIC VEHICLE MAKER FISKER IN TALKS TO GO PUBLIC
The law also added a new annual fee that varies depending on a vehicle’s value. It’s as low as $25 for vehicles with a market value less than $5,000 and as high as $175 for vehicles valued at $60,000 or more.
A 3.2 cent per gallon gas tax, which went into effect in California at the start of July, was created by the same 2017 law.
Money from the EV registration fees and gas tax will go to a program to maintain state highways, local roads and other infrastructure projects.
Vice President Mike Pence speaks at the launch of the electric Endurance pickup truck at Lordstown Motors Corporation, Thursday, June 25, 2020, in Lordstown, Ohio. (AP Photo/Tony Dejak)
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State officials have said they expect the fees and gas taxes will generate more than $50 billion over 10 years.
California isn’t the only state to add new charges for electric vehicles as officials look for ways to make up for lessened gas tax revenue. Alabama, Hawaii, Kansas, Ohio, Iowa, Oregon and Utah also have new or increased electric vehicle fees this year, the Associated Press has reported.
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July 11, 2020 at 04:10AM
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California adds electric vehicle fees up to $175 - Fox Business
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