House Proposes $130 Annual Fee on Electric Vehicles to Fund Road Repairs

The U.S. House of Representatives has proposed bipartisan legislation requiring electric vehicles (EVs) to pay a $130 annual fee and plug-in hybrids a $35 fee, aimed at funding road repairs as part of a broader five-year highway reauthorization bill totaling $580 billion. The fees are set to increase by $5 annually starting in 2029.

By https://www.facebook.com/CNBC · CNBC ·

House Proposes $130 Annual Fee on Electric Vehicles to Fund Road Repairs

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Topics: bipartisan legislation electric vehicles road funding

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