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New Bill Proposes $130 Annual Fee on Electric Vehicles

Bipartisan House bill proposes $130 annual fee on EVs and $35 on plug-in hybrids to fund road repairs. Learn how this could impact EV adoption and infrastructure funding.

This legislation matters because it directly affects the cost of owning an electric vehicle, potentially slowing adoption at a critical time for climate goals. By imposing fees that mimic gas taxes, the bill seeks to ensure EV owners contribute to road maintenance, but it could also create a financial disincentive for consumers considering EVs. The outcome will influence how the U.S. funds infrastructure in an era of declining gas tax revenue, setting a precedent for other states and countries.