Electric Vehicle Adoption Challenges State Road Funding

Reported 1 day ago

As more drivers switch to electric vehicles, states face a significant decline in gas tax revenues, which are crucial for maintaining transportation infrastructure. States like Oregon and California are grappling with budget shortfalls, prompting discussions on alternative funding solutions, including increased registration fees for EVs and new road usage charges. The challenge lies in balancing the need for environmental sustainability while ensuring the necessary funds for road maintenance.

Source: YAHOO

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