"The Voice of the New Jersey Trucking Industry... Dedicated to Safety and Service"
  • Home
  • News
  • New ATRI Analysis Explores How Electric Vehicles Could Contribute to Highway Trust Funds

New ATRI Analysis Explores How Electric Vehicles Could Contribute to Highway Trust Funds

29 Sep 2021 9:47 AM | Anonymous member (Administrator)

The American Transportation Research Institute today released research that describes a framework for electric vehicle (EV) taxation to support transportation infrastructure.  Through a small tax on the electricity that is used in transportation, the report identifies an approach to efficiently connecting the growing number of U.S. electric vehicles with highway trust fund (HTF) revenue streams. 

At present, electric vehicles do not contribute substantively to state and federal highway trust funds. In fact, there are numerous programs that subsidize the use of electric vehicles, thus exacerbating the infrastructure investment deficit. ATRI’s analysis quantifies this revenue loss at more than $4 billion over the next 10 years.  

The report suggests that U.S. electric utilities are well equipped to begin collection of a per-kWh charge of 2.1 cents for transportation-related electricity consumption in the coming years. Using a phased approach, utilities would identify, measure and tax electricity that is used for transportation – starting first with electricity that is dispersed through public charging stations and residential smart chargers. 

“This analysis demonstrates how an electricity tax can easily emulate all the key components of a fuel tax. Moving forward with an efficient utility-based approach will help EV owners support the infrastructure that they use every day,” said Paul Enos, CEO of the Nevada Trucking Association. 

For access to the full report please visit ATRI’s website at TruckingResearch.org.

Share this article with others

New Jersey Motor Truck Association | 160 Tices Lane, East Brunswick, NJ 08816 | 732-254-5000

Powered by Wild Apricot Membership Software